Question

Determine the most effective ways to determine the life expectancy of items on a construction project...

Determine the most effective ways to determine the life expectancy of items on a construction project for life-cycle analysis?

Homework Answers

Answer #1

After identifying all costs by year and amount and discounting them to present value, they are added to arrive at total life-cycle costs for each alternative:

LCC = I + Repl — Res + E + W + OM&R + O

LCC = Total LCC in present-value (PV) dollars of a given alternative
I = PV investment costs (if incurred at base date, they need not be discounted)
Repl = PV capital replacement costs
Res = PV residual value (resale value, salvage value) less disposal costs
E = PV of energy costs
W = PV of water costs
OM&R = PV of non-fuel operating, maintenance and repair costs
O = PV of other costs (e.g., contract costs for ESPCs or UESCs)

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Discuss the use of life-cycle analysis to make decisions on construction projects?
Discuss the use of life-cycle analysis to make decisions on construction projects?
The purpose of Economic Life Analysis is to: Determine the optimal investment life of a project...
The purpose of Economic Life Analysis is to: Determine the optimal investment life of a project Determine the optimal cost of capital for a project Evaluate two mutually exclusive projects for their crossover rate Determine the optimal capital budget of a project None of the above
Regarding health economics: Describe three different ways in which governments can attempt to increase life expectancy...
Regarding health economics: Describe three different ways in which governments can attempt to increase life expectancy based on the Wagstaff model. Think about the mechanics of the model and the variables that go into health output.​​
What is one of the most effective and least expensive ways to market a business?
What is one of the most effective and least expensive ways to market a business?
How Long Will You Live? Many companies utilize life expectancy data to calculate items such as...
How Long Will You Live? Many companies utilize life expectancy data to calculate items such as life insurance premiums or retirement benefits. The IRS is no exception. Use the data in the following table to answer the questions below. IRS Life Expectancy Table Current Age Expected Number of Additional Years to Live 35 47.3 40 42.5 1) The data given in the table is (approximately) linear. Using ordered pairs of the form (current age, number of additional years you are...
Every project under goes life cycle, in your view where in the five-phase life cycle of...
Every project under goes life cycle, in your view where in the five-phase life cycle of a project do you think the most failures occur? Defend your answer.   
The most current value of the life expectancy of a man in Canada is 78.8 years...
The most current value of the life expectancy of a man in Canada is 78.8 years (SD = 15 years) (Disabled World, 2017). Researchers hypothesize that living with diabetes shortens a man's life. You collect data on the age at death for a sample of 100 men who lived with diabetes and found the following data. mean age at death = 73.8 years Test the hypothesis at the 5% significance level using the 5-step hypothesis testing procedure (show all steps)....
Effective Revenue Cycle Management (RCM) does not impact the patient. True/False Quality-adjusted life-years (QALYs) are designed...
Effective Revenue Cycle Management (RCM) does not impact the patient. True/False Quality-adjusted life-years (QALYs) are designed to provide a common metric to assess the value of different health interventions based on how long they extend life expectancy and patient’s evaluation of the value of those additional years. True/False Clinical staff in health care are never responsible for financial budgeting. True/False
You are the project manager of a complicated construction project, which involves building highways in the...
You are the project manager of a complicated construction project, which involves building highways in the whole state of North Carolina. You have several groups working with you in the project. To plan resources for this project and determine connection between individuals you should preferably use: Staffing pool description Staffing management plan Responsibility assignment matrix (RAM) Organization matrix You are the project manager of a project team that includes several new recruits. You notice that most of the team members...
Perform a task analysis to determine the most efficient and cost-effective method of staffing for security...
Perform a task analysis to determine the most efficient and cost-effective method of staffing for security in health care. 1) The patrol zones take an average of 60-90 minutes (instead of 30-60). 2) The officer works anywhere from 390 to 408 minutes (instead of 408-432) Part A) Determine the productivity rate, standards of performance, and types of forms that can be used for tracking purposes. 1) Productivity Rate: calculate the Department's average productivity rate. 2) Standards of Performance: determine what...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT