Engineering economic 451

Description

For Topic 2 its MARR problem: the technique is not addressing the problem solution approach. First off if you are going to use a Benefit/Cost comparison you still need to compute the IRR for each of the 13 alternatives to then apply the time value of money to the uniform annual cash flows not just simply multiply the annual amount by the planning horizon and then you would have to perform a delta Benefit/Cost analysis between all oof the alternative that result are > 1 . Though doing a B/C is extra work and not needed to answer the problem, by computing the IRR for each of the 13 alternatives (which is what is being called for in this case study, you can then answer the questions by selecting one alternative from each region, then select from the remaining 9 alternative the best 2 from that set, since the problem calls out for a total six selections. And also include a cover page with your name on it.