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Unformatted text preview: department separately. It is highly unlikely for any individual to have these numbers memorized, or even saved in a cell phone. Creating one line with a short memorable number that is applicable to nearly all emergency situations is an enormous service to the community. Because of this one must assume that annually at least one life and one home would be saved by this projects preventative and/or fast acting help. This is certainly a social benefit, but also an economic one, as lessening hospital stays and deaths lower overall insurance costs for the community. iv) Yes, this project is certainly economically feasible. Because this is something that is brining in $3.8 million of annual revenue, and only cost $3.6 million, there is a constant profit of $200,000. This is something with high economic and social benefits that is being installed, and will continue to run for an indefinitely long period. With that being said, the installation fee $4.5 million is completely negligible....
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This note was uploaded on 05/27/2011 for the course PAD 4223 taught by Professor Eno during the Spring '10 term at Florida A&M.
- Spring '10