Contemporary Engineering Economics 6th Edition by Chan Park

تمرين 16

The government is considering undertaking four projects. These projects are mutually exclusive, and the estimated present worth of their costs and the present worth of their benefits are shown in millions of dollars in Table. All of the projects have the same duration.
TABLE
Assuming no do-nothing alternative, which alternative would you select Justify your choice by using a benefit-cost (BC( i ) analysis on incremental investment.