An Engineer Is Considering the Size of a Reservoir for Flood

question 4

Essay

An engineer is considering the size of a reservoir for flood control in the northern part of Germany. The size of the reservoir is closely related to the annual rainfall. In addition, there will be reparation costs from damages when the amount of rainfall exceeds the design capacity. If such damage occurs, it is estimated that the annual reparation cost will be 2.3% of the capital investment. The probabilities of specific amounts of rainfall per year and the estimated investment costs of the reservoir are given below. Using an interest rate of 8% per year and a study period of 11 years, determine the appropriate investment on the basis of AW.

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Storyboarding

A visual representation of a sequence of events, as seen in film, television, or within product design processes.

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High-quality, fashionable garments created by well-known fashion designers, often associated with luxury and exclusivity.

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Characterized by being within one's financial means; reasonably priced so that it can be purchased or acquired by the intended target market.

Storyboard

An easy form of prototyping that provides a high-level view of thoughts and ideas arranged in sequence in the form of drawings, sketches, or illustrations.