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Chap_16 - Negative consequences Income(fees Example...

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    IE 3125  Engineering  Economic Analysis Chapter 16 Public Sector Projects
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    Projects that Benefit the  Public Benefit/Cost ratio (incremental) Present values used Life (often unequal) MARR (low – see p. 495) Risk
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    Economic Factors Costs Capital Maintenance Benefits Positive benefits
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Unformatted text preview: Negative consequences Income (fees) Example - Highways Example – Space Program Example - Local Problems with B/C Ratio Costs are often optimistically low Benefits are complex and difficult to measure MARR is arguable...
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