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978-0073376301 Chapter 1

978-0073376301 Chapter 1

Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 1 Foundations of Engineering Economy 1.1 The four elements are cash flows, time of occurrence of cash flows, interest rates, and measure of economic worth. 1.2 […]

9 Pages | May 17, 2021
978-0073376301 Chapter 10

978-0073376301 Chapter 10

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 10 Project Financing and Non–economic Attributes 10.1 Risk – The higher the risk, the higher the MARR Investment Opportunity – MARR may be lowered for […]

13 Pages | May 17, 2021
978-0073376301 Chapter 11

978-0073376301 Chapter 11

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 11 Replacement and Retention Decisions 11.1 In taking a non-owner’s viewpoint, the analysis is done from the perspective of someone who does not own any […]

13 Pages | May 17, 2021
978-0073376301 Chapter 12

978-0073376301 Chapter 12

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 12 Independent Projects With Budget Limitation 12.1 Bundle: a collection of independent projects 12.2 Two assumptions are: (1) The funds invested in every project will […]

13 Pages | May 17, 2021
978-0073376301 Chapter 13

978-0073376301 Chapter 13

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 13 Breakeven and Payback Analysis 13.1 (a) 0 = -FC + (589 – 340)9000 13.2 (a) QBE = 800,000/(2950 – 2075) = 914 units per […]

12 Pages | May 17, 2021
978-0073376301 Chapter 14

978-0073376301 Chapter 14

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 14 Effects of Inflation 14.1 (a) There is no difference. (b) Today’s dollars are inflated compared to dollars of 2 years ago. Therefore, in order […]

9 Pages | May 17, 2021
978-0073376301 Chapter 15

978-0073376301 Chapter 15

Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 15 Cost Estimation 15.1 Ranking most time to least time: detailed estimate, design 60-100% complete, partially designed, order of magnitude, scoping/feasibility. 15.2 Supplies: AOC Installation: FC […]

9 Pages | May 17, 2021
978-0073376301 Chapter 16 Part 1

978-0073376301 Chapter 16 Part 1

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 16 Depreciation Methods 16.1 Depreciation increases the company’s after–tax cash flow, because depreciation reduces the 16.2 Book value is established on the basis of accepted […]

9 Pages | May 17, 2021
978-0073376301 Chapter 16 Part 2

978-0073376301 Chapter 16 Part 2

12 Spreadsheet solution (b) MACRS: sum d values for 3 years: 0.20 + 0.32 + 0.192 = 0.712 (71.2%) SL: sum the d values for 3 years: 0.05 + 0.1 + 0.1 = 0.25 (25%) SL depreciates much slower early […]

9 Pages | May 17, 2021
978-0073376301 Chapter 17 Part 1

978-0073376301 Chapter 17 Part 1

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 17 After-Tax Economic Analysis 17.1 (a) Graduated rates: higher taxable incomes pay taxes at higher rates. 17.2 (a) Taxes = 22,250 + 0.39(150,000 – 100,000) […]

10 Pages | May 17, 2021
978-0073376301 Chapter 17 Part 2

978-0073376301 Chapter 17 Part 2

17 PWB = –22,000 + 1450(P/F,7%,1) + … + 2500(P/F,7%,10) 17.47 Alternative A Year P & S GI – OE D TI Taxes CFAT 0 -8000 – – – – -8000 1 3500 2666 834 333 3167 2 3500 3556 […]

11 Pages | May 17, 2021
978-0073376301 Chapter 18 Part 1

978-0073376301 Chapter 18 Part 1

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 18 Sensitivity Analysis and Staged Decisions 18.1 $135,000: PW = -500,000 + 135,000(P/A,15%,5) 18.2 Start family now: FW = 50,000(F/A,10%, 5)(F/P,10%,20) + 15,000(F/A,10%,20) = 50,000(6.1051)(6.7275) […]

9 Pages | May 17, 2021
978-0073376301 Chapter 18 Part 2

978-0073376301 Chapter 18 Part 2

14 AW2.25 = –225,000(A/P,6%,10) + (–50,000)(0.1) AW2.5 = –300,000(A/P,6%,10) + (–50,000)(0.05) = –350,000(0.13587) –50,000(0.05) = $–43,261 AW3.0 = –400,000(A/P,6%,10) + (–50,000)(0.01) = –400,000(0.13587) –50,000(0.01) = $–54,848 AW3.25 = –450,000(A/P,6%,10) + (–50,000)(0.005) = –450,000(0.13587) –50,000(0.005) = $–61,392 Build a wall to […]

9 Pages | May 17, 2021
978-0073376301 Chapter 19

978-0073376301 Chapter 19

Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 19 More on Variation and Decision Making Under Risk 19.1 (a) Continuous (b) Discrete (c) Discrete (d) Continuous (e) Continuous 19.2 (a) Discrete and Certainty (b) […]

9 Pages | May 17, 2021
978-0073376301 Chapter 2

978-0073376301 Chapter 2

Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 2 Factors: How Time and Interest Affect Money 2.1 (1) (P/F, 6%, 8) = 0.6274 (2) (A/P, 10%,10) = 0.16275 (3) (A/G,15%,20) = 5.3651 (4) (A/F,2%,30) […]

9 Pages | May 17, 2021
978-0073376301 Chapter 3

978-0073376301 Chapter 3

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 3 Combining Factors and Spreadsheet Functions 3.2 P = 260,000(P/A,10%,3) + 190,000(P/A,10%,2)(P/F,10%,3) = 260,000(2.4869) + 190,000(1.7355)(0.7513) = $894,331 3.3 (a) P = -120(P/F,12%,1) – 100(P/F,12%,2) […]

9 Pages | May 17, 2021
978-0073376301 Chapter 4

978-0073376301 Chapter 4

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 4 Nominal and Effective Interest Rates 4.3 (a) six times (b) six times (c) two times 4.4 (a) one time (b) six times (c) 18 […]

9 Pages | May 17, 2021
978-0073376301 Chapter 5

978-0073376301 Chapter 5

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 5 Present Worth Analysis 5.1 Mutually exclusive alternatives accomplish the same thing. Therefore, only one is to be 5.2 (a) The do-nothing alternative means that […]

9 Pages | May 17, 2021
978-0073376301 Chapter 6

978-0073376301 Chapter 6

Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 6 Annual Worth Analysis 6.1 Multiply by (A/P,i%,n), where n is equal to the LCM or stated study period. 6.2 Three assumptions in the AW method […]

9 Pages | May 17, 2021
978-0073376301 Chapter 7

978-0073376301 Chapter 7

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 7 Rate of Return Analysis: One Project 7.1 (a) The return would be -100%, if the entire initial investment were lost with no return. 7.2 […]

12 Pages | May 17, 2021
978-0073376301 Chapter 8

978-0073376301 Chapter 8

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 8 Rate of Return Analysis: Multiple Alternatives 8.1 The rate of return on the incremental cash flow column represents the rate of return on the […]

9 Pages | May 17, 2021
978-0073376301 Chapter 9 Part 1

978-0073376301 Chapter 9 Part 1

1 Solutions to end–of–chapter problems Engineering Economy, 7th edition Leland Blank and Anthony Tarquin Chapter 9 Benefit/Cost Analysis and Public Sector Economics 9.1 Disbenefits are negative consequences that occur to the public and, therefore, are included 9.2 eBay – private; […]

9 Pages | May 17, 2021
978-0073376301 Chapter 9 Part 2

978-0073376301 Chapter 9 Part 2

12 (b) Location E B = 500,000 – 30,000 – 50,000 = $420,000 C = 3,000,000 (0.12) = $360,000 Modified B/C = 420,000/360,000 = 1.17 Location E is justified. Incrementally compare W to E. W vs. E: ΔB = $200,000 […]

9 Pages | May 17, 2021