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Value Lodges owns an economy motel chain and is considering building a new 200-unit motel. The cost to build the motel is estimated at $8,000,000; Value Lodges estimates furnishings for the motel will cost an additional $700,000 and will require replacement every 5 years. Annual operating and maintenance costs for the motel are estimated to be $800,000. The average rental rate for a unit is anticipated to be $40/day. Value Lodges expects the motel to have a life of 15 years and a salvage value of $900,000 at the end of 15 years. This estimated salvage value assumes that the furnishings are not new. Furnishings have no salvage value at the end of each 5-year replacement interval. Assuming average daily occupancy percentages of 50 percent, 60 percent, 70 percent, and 80 percent for years 1 through 4, respectively, and 90 percent for the fifth through fifteenth years, a MARR of 12 percent/year, 365 operating days/year, and ignoring the cost of land, should the motel be built? Base your decision on an internal rate of return analysis. Build motel?
What is the internal rate of return used to reach your decision?
The elevation of the lowest bottom of the structure is at 1470 feet. Calculate the maximum length (feet) of the parabolic curve required to meet the given conditions.
a tape is calibrated and found to measure 100.04ft between the 0- and 100-ft marks. what measurements should be laid out to establish a horizontal distance of 682.25ft?
Soda Ash and QuickLime, A lime-soda softening plant treats a flow of 150 MGD, and the water has 86mg/l Ca2+, 35 mg/L Mg2+, 299 mg/L HCO3- and 6mg/l CO2.
Bridge scour, Determine the magnitude of the contraction scour depth given the following information about the channel and bridge
A water treatment llant and the water treatment plant removes calcium hardness (Ca2+) by precipitating (making) CaCO3(s). If, after establishing equilibrium with CaCO3(s), the dissolved Ca2+ concentration is 10 mg/L and the pH is 10.5.
Prepare and tabulate the design aid for partial flow as per the equations for interpolation of velocity and diameter for corresponding flows.
Include immediate and consolidation settlements, but ignore secondary compression. In your calculation, use three sublayers with thicknesses of 4 ft, 8 ft and 16 ft for the top, middle and bottom layers. Ignore any settlement caused by the dense s..
Draw the influence line for the support reaction at A and calculate the support reaction at point
Using Darcy's Law, calculate the quantity of groundwater (L/day), the seepage velocity (m/s), and the contaminant loading (Kg/day) to the river (assuming no retardation) for the following scenario. Be sure to include both a plane view and cross-se..
Water with a static pressure of 1.96kN/M 2 flows through an 800 mm diameter pipe. A pitot tube pressure gage in this pipe reads a pressure of 5.88 kN/M 2 . How do you determine the volume flow rate (Q) of the water? (Q = 1.40 M^3/sec, V=2.79 M/se..
Important information about Mechanical engineering dynamics, A 3000 lb car rests on a horizontal street out of gas with its brakes locked.
We would continue embankment work even if winter season and my question is what is swelling amount of compacted soil for 30cm thickness and 95% compaction degree by freezing.
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