The Army Corps of Engineers wants to construct a dam on a flood-prone river. The estimated construction cost and average annual dollar benefits are listed below. A 6% per year rate applies and dam...

The Army Corps of Engineers wants to construct a dam on a flood-prone river. The estimated construction cost and average annual dollar benefits are listed below. A 6% per year rate applies and dam life is infinite for analysis purposes. (a) Select the one best location using the B/C method. (b) If the sites are now considered independent projects, which sites are acceptable?

Extracted text: Construction Cost, Annual Site $ millions Benefits, $ A 6 350,000 B 8 420,000 3 125,000 D 10 400,000 E 5 350,000 F 11 700,000