Solve these questions in engineering economy

so the solution must be about ( selling electric cars ) business .

discuss in each question in a good way.

Academic year: 2020-2021

Semester: FALL

Course:ENGINEERING ECONOMY -ENGR 205

Submission deadline: 8/11/2020 -11:59pm

ASSIGNMENT 2

Prepared by:

STUDENT’S NAME:

ID :

Section:

Select a business idea carefully (preferably in engineering field) that you can collect the following information about it:

  1. Write a short paragraph about the business in terms of location, product(s), services to make the business identifiable.
  2. Estimate the annual revenues – OR/yr
  3. Estimate the capital cost(use the table in below)
Item Details of cost calculationCost
Land acquisition, including assembly, holding and improvement  
Planning and feasibility studies  
Architectural and engineering design  
Construction, including materials, equipment and labor  
Field supervision of construction  
Construction financing  
Insurance and taxes during construction  
Owner’s general office overhead  
Equipment and furnishings not included in construction  
Inspection and testing  
Others (mention here)  
Total  
  1. Estimate the Running cost(use the table in below)
Item Details of cost calculationAnnual Cost
Land rent, if applicable  
Operating staff  
Labor and material for maintenance and repairs  
Periodic renovations  
Insurance and taxes  
Financing costs  
Utilities  
Owner’s other expenses  
Others (mention here)  
Total  

Note: collecting this information from the actual sources to assure logical results in the evaluation analysis, ignore if any of the above items is not available.


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