Question

In: Civil Engineering

A road includes dangerous geometric features for high speed travel which limit the travel speed on...

A road includes dangerous geometric features for high speed travel which limit the travel speed on the highway in this area. Among alternatives, it is proposed to upgrade the road so that travel speed may be increased. The upgrade will cost initially $ 38,500,000 and the annual maintenance cost is 800,000 $. It will result in: 10 minutes reduction in travel time for the average running vehicle. The estimated time cost is $3.5/hr.  Decrease in the number of accidents by an average of 1.5 per day. The estimated average cost per accident is $ 5000.  Reduction in the average running cost per vehicle by $ 0.15 per day. For a project life of 30 years and money rate of 4%, what is economic feasibility of this project if the average daily traffic is 3500?

Solutions

Expert Solution


Related Solutions

The speed limit of a road is 65 miles per hour. The speed of a car...
The speed limit of a road is 65 miles per hour. The speed of a car on the highway follows a normal distribution with a mean of 70 and standard deviation of 5. What percent of the distribution breaks the speed limit? The speed limit of a road is 65 miles per hour. The speed of a car on the highway follows a normal distribution with a mean of 70 and standard deviation of 5. A police officer will only...
The city of Springville is considering to raise the speed limit on a certain road from...
The city of Springville is considering to raise the speed limit on a certain road from 60km/hour to 75km/hour. a) Identify one benefit and one cost that would result from this change in speed limit. b) Identify the simple or complex method that can be used to monetize each impact that you have mentioned in part ‘a’. Briefly explain the methods. c) Are there reasons why the CBA Analyst should be cautious about any of the approaches that you explained...
Consider the following table summarizing the speed limit of a certain road and the number of...
Consider the following table summarizing the speed limit of a certain road and the number of accidents occurring on that road in January. Posted Speed Limit 52 50 43 36 21 22. Reported Number of Accidents 27 26 23 18 18 11. 1) Find the slope of the regression line predicting the number of accidents from the posted speed limit.Round to 3 decimal places. 2) Find the intercept of the regression line predicting the number of accidents from the posted...
the posted speed limit on a certain residential road is 30mph. the residents believe that drivers...
the posted speed limit on a certain residential road is 30mph. the residents believe that drivers are speeding on this road on average. they observe 20 randomly selected drivers on this road, and find the mean speed to be 31.8mph with a standard deviation of 4.2mph. is the resident's belief accrue? X= µ = n= x-bar= σ=
#1) Consider the following table summarizing the speed limit of a certain road and the number...
#1) Consider the following table summarizing the speed limit of a certain road and the number of accidents occurring on that road in January Posted Speed Limit 51 48 43 35 22 20 Reported Number of Accidents 25 29 25 17 19 14 a) Find the slope of the regression line predicting the number of accidents from the posted speed limit. Round to 3 decimal places. b) Find the intercept of the regression line predicting the number of accidents from...
Which of the following is generally true regarding the impact of the reduced speed limit? (a)...
Which of the following is generally true regarding the impact of the reduced speed limit? (a) It always reduces the atmospheric emissions from vehicles (b) Whether it reduces the emission depends on the types of fuels (e.g., gasoline vs. diesel) (c) Whether it reduces the emission depends on the types of pollutants (e.g., CO, HCs, NOx, PM) (d) both (b) and (c)
A drug which is used for treating high blood pressure has potentially dangerous side effects if...
A drug which is used for treating high blood pressure has potentially dangerous side effects if it is taken at an improper dosage. The drug is manufactured at two different plants, plant A and plant B. A medical researcher believes that tablet A has a smaller variance in dosage than the variance in dosage from tablet B. The sample variance of a sample of 6 dosages of tablet A is 0.009. The sample variance of a sample of 20 dosages...
Imagine a researcher collects data on drivers’ Gender, Type of Vehicle, and Speed of Travel. Which...
Imagine a researcher collects data on drivers’ Gender, Type of Vehicle, and Speed of Travel. Which measure of central tendency would be appropriate for each of these variables?
A high tech company operates a satellite which can measure the size of features on the...
A high tech company operates a satellite which can measure the size of features on the surface of the earth. They use this technology to measure a particular rectangular field and find it's length to be 615 ± 1.78 (in meters) and it's width to be 170 ± 1.27 (in meters). They plan to report the area of the field as A±ΔA in units of acres. (1 acre = 4840 square yards & 1 meter = 1.094 yards) What is...
You are on a team which features individuals high in openness and emotional stability. What is...
You are on a team which features individuals high in openness and emotional stability. What is the likely result of task conflict within your team? Why is this? Organizational behavior
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT