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Solution Manual For Engineering Economy, 16th Edition

Solution Manual For Engineering Economy, 16th Edition is the best resource for textbook solutions, helping you tackle even the hardest problems.

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1Solutions to Chapter 1 ProblemsA Note To Instructors:Because of volatile energy prices in today's world, the instructor is encouraged to vary energyprices in affected problems (e.g. the price of a gallon of gasoline) plus and minus 50 percent and ask students todetermine whether this range of prices changes the recommendation in the problem. This should make for stimulating in-class discussion of the results.1-1Because each pound of CO2has a penalty of $0.20,Savings = (15 gallons$0.10/gallon)(8 lb)($0.20/lb) = $1.34If Stan can drive his car for less than $1.34/8 = $0.1675 per mile, he should make the trip. The cost ofgasoline only for the trip is (8 miles25 miles/gallon)($3.90/gallon) = $1.25, but other costs of driving,suchas insurance, maintenance, and depreciation, may also influence Stan’s decision. What is the costof an accident, should Stan have one during his weekly trip to purchase less expensive gasoline? If Stanmakes the trip weekly for a year, should this influence his decision?

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Document Details

Subject
Engineering
Textbook
Engineering Economy by Leland Blank...

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