The marks A to G split the beam into six equal parts. At which mark is the bending moment largest in size, sagging or hogging? Click it in the diagram.
45 kN @ 4 m6 kN/m, 2–12 m
1A (x = 0 m)
2B (x = 2 m)
3C (x = 4 m)
4D (x = 6 m)
5E (x = 8 m)
6F (x = 10 m)
7G (x = 12 m)
6.Shear force & bending momentHard
The beam rests on a pin at A and a roller at B and overhangs B by 1 m to the free end C. A uniformly distributed load w acts over the whole length A–C. Find the bending moment MB at support B. Use sagging moments positive and upward shear on the left face positive.
L = 7 mw = 2 kN/m from 0 to 7 msupports at x = 0 and x = 6 m
MB = kN·m
7.Beam deflectionMedium
A simply supported beam carries a uniformly distributed load w over its whole span. Find the maximum deflection δmax, at midspan.
w = 10 kN/mL = 4 mE = 70 GPa (aluminium)I = 57 × 10⁶ mm⁴
δmax = mm
8.Beam deflectionHard
A simply supported beam carries a uniformly distributed load w and a point load P at midspan. Using superposition, find the midspan deflection δmax.
P = 23 kNw = 10 kN/mL = 4 mE = 70 GPa (aluminium)I = 160 × 10⁶ mm⁴
δmax = mm
9.Column bucklingMedium
A column of length L made of steel is pinned at both ends. Using Euler’s formula, find its critical buckling load Pcr.
L = 4 mE = 200 GPa (steel)b × h = 25 × 100 mm
Pcr = kN
10.Column bucklingHard
A column of length L made of aluminium is fixed at the base and pinned at the top. Find its slenderness and the critical buckling stress σcr from Euler’s formula.
L = 5 mE = 70 GPa (aluminium)d = 40 mm
σcr = MPa
11.Centroid & second moment of areaMedium
A 120 mm × 300 mm plate has a circular hole of diameter 50 mm on its vertical centre line, with its centre 195 mm above the bottom. Find the second moment of area Ix about the horizontal axis through the centroid.
b = 120 mmh = 300 mmd = 50 mmhole centre: y = 195 mm
Ix = × 10⁶ mm⁴
12.Centroid & second moment of areaHard
The T-section is used as a beam with the flange on top and carries a sagging bending moment of 40 kN·m. Find the size of the bending stress σtop at the top edge.
A 6.5 m thick overconsolidated clay layer has Cc = 0.45, Cr = 0.06 and e₀ = 0.6. At its mid-depth the effective vertical stress is 95 kPa and the preconsolidation pressure is 155 kPa. A new building adds 150 kPa of vertical stress at mid-depth. Find the primary consolidation settlement S in mm.
A clay layer 3.5 m thick has a coefficient of consolidation cv = 2.5 m²/year. It lies between two sand layers, so water drains out at the top and the bottom. For 50% average consolidation the time factor is Tv = 0.197. How many years t does the layer take to reach 50% consolidation?
A vertical rectangular gate 2 m wide sits in the wall of a tank of water, with its top edge 2 m below the surface. Find the resultant hydrostatic force F on the gate.
d = 2 mH = 1 mb = 2 mρ = 1000 kg/m³g = 9.81 m/s²
F = kN
18.Hydrostatic forceHard
A vertical rectangular gate 3 m wide sits in the wall of a tank of oil, with its top edge 0.5 m below the surface. Find the resultant hydrostatic force F on the gate.
Water flows at 6 L/s through a pipe 100 m long with an inside diameter of 75 mm. Use the Darcy friction factor f = 0.02 and g = 9.81 m/s². Find the friction head loss hf.
Q = 6 L/sL = 100 mD = 75 mmf = 0.02g = 9.81 m/s²
hf = m
20.Pipe friction & head lossHard
Two open reservoirs are joined by a pipe 300 m long with an inside diameter of 300 mm and a Darcy friction factor f = 0.015. The water surface of the upper reservoir is 23 m above that of the lower one. The minor losses are a square-edged entrance (K = 0.5), 2 bends (K = 0.3 each), a valve (K = 10) and the exit into the lower reservoir (K = 1.0). Use g = 9.81 m/s². Find the flow rate Q in L/s.
A rectangular brickwork channel is 6 m wide. Water flows uniformly 0.7 m deep. Manning n = 0.015 and the bed slope is S = 0.004. Find the flow rate Q in m³/s.
b = 6 my = 0.7 mn = 0.015S = 0.004
Q = m³/s
22.Open-channel flow (Manning)Hard
A concrete sewer with an inside diameter of 250 mm (Manning n = 0.013) must reach a self-cleansing velocity of 1 m/s when flowing just full. Find the minimum slope S (in m/m).
D = 250 mmn = 0.013V = 1 m/s
S = m/m
23.Pumps & pump powerMedium
A pump delivers 40 L/s of water (ρ = 1000 kg/m³) against a head of 44 m. The pump efficiency is 70% and the electric motor driving it has an efficiency of 95%. Use g = 9.81 m/s². Find the electrical power Pel the motor draws, in kW.
A pump moves 80 L/s of water (ρ = 1000 kg/m³) from an open lower reservoir to an upper tank whose water surface is 6 m higher. The pipe is 150 m long with an inside diameter of 250 mm and a Darcy friction factor f = 0.02; the minor-loss coefficients add up to ΣK = 4 (entrance and exit included). Use g = 9.81 m/s². The upper tank is closed and the air above its water is at a gauge pressure of 250 kPa. Find the head H the pump must add.
You invest €1 000 at a nominal rate of 4.8% per year, compounded quarterly. Find the value FV of the investment after 7 years.
PV = €1 0004.8% / 4n = 7
FV = €
26.Time value of moneyHard
You borrow €12 000 at 3% per year, compounded monthly, and repay €525 at the end of every month. How many months does it take until the loan is repaid (the last payment may be smaller)? Give the number of payments N.
P = €12 000A = €5253% / 12
N = payments
27.NPV & IRRMedium
A machine costs €50 000 today, lasts 9 years and costs €1 000 per year to run (paid at the end of each year). The cost of capital is 12%. Find its equivalent annual cost EAC.
C0 = €50 000M = €1 000n = 9r = 12%
EAC = €
28.NPV & IRRHard
A project costs €200 000 today. Its cash flow is €24 000 at the end of year 1 and grows by 3% per year until the last cash flow at the end of year 10. The cost of capital is 8%. Find the net present value NPV.
C0 = €200 000CF1 = €24 000g = 3%n = 10r = 8%
NPV = €
29.Normal distributionMedium
Drag z so that the shaded area between −z and z under the standard normal curve is 0.9756. Find z to two decimals.
A = 0.9756
z =
30.Normal distributionHard
The delivery times are normally distributed with mean 32 min and standard deviation 6 min. Find the value x below which 5% of them lie (the 5th percentile).
μ = 32σ = 6P = 5%
x = min
3Solutions
1.Beam support reactions
Answer: RB = 38.13 kN
Static equilibrium: a body at rest has ΣFx = 0, ΣFy = 0 and ΣM = 0 about any point. Taking moments about one support removes that support’s reaction from the equation.
Free-body diagram
Replace the supports with reaction forces. A roller gives one vertical reaction; with only vertical loads the pin gives one vertical reaction too.
Equilibrium
Moments about A, counter-clockwise positive. Then vertical force balance.
ΣMA = 0: RB·4 = 45·2 + 25·2.5
RB = 152.5/4 = 38.13 kN
ΣFy = 0: RA = 70 − 38.13 = 31.88 kN
Answer
RB = 38.13 kN
2.Beam support reactions
Answer: RA = 22.1 kN
Static equilibrium: a body at rest has ΣFx = 0, ΣFy = 0 and ΣM = 0 about any point. Taking moments about one support removes that support’s reaction from the equation.
Free-body diagram
Replace the supports with reaction forces. A roller gives one vertical reaction; with only vertical loads the pin gives one vertical reaction too.
Equilibrium
Moments about A, counter-clockwise positive. Then vertical force balance.
UDL resultant: W = w·ℓ = 12·2 = 24 kN, acting at x̄ = 3 m
ΣMA = 0: RB·5 = 25·2.5 + 12·2·3
RB = 134.5/5 = 26.9 kN
ΣFy = 0: RA = 49 − 26.9 = 22.1 kN
Answer
RA = 22.1 kN
3.Truss: method of joints
Answer: member CG
Zero-force members: at a joint, the forces must balance in every direction. If a joint has no load and no support, and two of its three members are in line, then the balance across that line involves only the third member, so its force is zero. If only two members meet at an unloaded joint and they are not in line, both are zero.
Joint C
BC and CD lie on one straight line and the joint carries no load. Balancing forces across that line leaves only CG.
ΣF⊥ = 0 → FCG = 0
Check with the method of joints
Solving all joints gives these member forces (T = tension, C = compression).
Zero-force members: at a joint, the forces must balance in every direction. If a joint has no load and no support, and two of its three members are in line, then the balance across that line involves only the third member, so its force is zero. If only two members meet at an unloaded joint and they are not in line, both are zero.
Joint C
BC and CD lie on one straight line and the joint carries no load. Balancing forces across that line leaves only CG.
ΣF⊥ = 0 → FCG = 0
Check with the method of joints
Solving all joints gives these member forces (T = tension, C = compression).
Largest bending moment: M changes slope wherever the shear force changes, so its peaks sit where the shear force crosses zero: under a point load, inside a distributed load, or over a support of an overhang. At a fixed support of a cantilever the moment is largest at the wall. Compare the size of M at those places, sagging or hogging.
Support reactions
Take moments about one support, then use the vertical force balance.
R1 = 55 kN, R2 = 50 kN
Bending moment at every mark
Sum the moments of all forces on one side of the cut. Sagging is positive, hogging negative.
MA = 0, MB = 110, MC = 208 kN·m, MD = 192, ME = 152, MF = 88, MG = 0
Answer
Mark C: MC = 208 kN·m
6.Shear force & bending moment
Answer: MB = −1 kN·m
Method of sections: cut the beam where you want the internal forces and keep one side. The shear force V balances the vertical forces on that side, and the bending moment M balances their moments about the cut. Maximum moment: since dM/dx = V, the bending moment has its peak where the shear force passes through zero, either at a point load or inside a distributed load.
Support reactions
Equilibrium of the whole beam, including the load on the overhang.
UDL resultant: W = w·ℓ = 2·7 = 14 kN, acting at x̄ = 3.5 m
ΣMA = 0: RB·6 = 2·7·3.5
RB = 49/6 = 8.167 kN
ΣFy = 0: RA = 14 − 8.167 = 5.833 kN
Cut at B and keep the overhang
The load on the overhang, w·a, acts at a/2 from B and makes the beam hog over the support.
MB = −w·a²/2 = −2·1²/2 = −1 kN·m
Answer
MB = −1 kN·m
7.Beam deflection
Answer: δmax = 8.354 mm
Beam deflection: deflections come from integrating the curvature M/(EI) twice. Standard cases are tabulated, for example PL³/(3EI) for a cantilever with an end load and 5wL⁴/(384EI) for a simply supported beam under a full uniform load. Deflections from separate loads add (superposition).
Consistent units
Work in N and mm: P in N, w in N/mm (kN/m = N/mm), L in mm, E in N/mm² (GPa × 1000), I in mm⁴.
w = 10 N/mm, L = 4000 mm
EI = 3.99 × 10¹² N·mm²
Deflection
δmax = 5wL⁴/(384EI) = 5·10·4000⁴/(384·3.99 × 10¹²) = 8.354 mm
Answer
δmax = 8.354 mm
8.Beam deflection
Answer: δmax = 5.714 mm
Beam deflection: deflections come from integrating the curvature M/(EI) twice. Standard cases are tabulated, for example PL³/(3EI) for a cantilever with an end load and 5wL⁴/(384EI) for a simply supported beam under a full uniform load. Deflections from separate loads add (superposition).
Consistent units
Work in N and mm: P in N, w in N/mm (kN/m = N/mm), L in mm, E in N/mm² (GPa × 1000), I in mm⁴.
P = 23000 N, w = 10 N/mm, L = 4000 mm, EI = 1.12 × 10¹³ N·mm²
Each load on its own
δP = PL³/(48EI) = 23000·4000³/(48·1.12 × 10¹³) = 2.738 mm
δw = 5wL⁴/(384EI) = 5·10·4000⁴/(384·1.12 × 10¹³) = 2.976 mm
Add them
δmax = 2.738 + 2.976 = 5.714 mm
Answer
δmax = 5.714 mm
9.Column buckling
Answer: Pcr = 16.06 kN
Euler buckling: a slender column becomes unstable at Pcr = π²EI/(KL)², where KL is the effective length: K = 1 for pinned–pinned, 2 for fixed–free, 0.7 for fixed–pinned and 0.5 for fixed–fixed. It buckles about the axis with the smallest I. The formula holds for slender columns, whose critical stress stays below the yield stress.
Smallest second moment of area
A rectangle buckles about its weak axis, using the smaller dimension cubed.
Euler buckling: a slender column becomes unstable at Pcr = π²EI/(KL)², where KL is the effective length: K = 1 for pinned–pinned, 2 for fixed–free, 0.7 for fixed–pinned and 0.5 for fixed–fixed. It buckles about the axis with the smallest I. The formula holds for slender columns, whose critical stress stays below the yield stress.
Smallest second moment of area
A round section has the same I about every axis.
I = πd⁴/64 = π·40⁴/64 = 125664 mm⁴
Radius of gyration and slenderness
A = 1257 mm²
r = √(I/A) = √(125664/1257) = 10 mm
KL = 0.7·5000 = 3500 mm
KL/r = 3500/10 = 350
Critical stress
σcr = π²E/(KL/r)² = π²·70000/350² = 5.64 MPa
Answer
σcr = 5.64 MPa
11.Centroid & second moment of area
Answer: Ix = 265.5 × 10⁶ mm⁴
Sections with holes: treat a hole as a negative area. The centroid is ȳ = (A₁y₁ − A₂y₂)/(A₁ − A₂), with A₁, y₁ for the full plate and A₂, y₂ for the hole. For the second moment of area about the centroidal axis, use the parallel-axis theorem for each part and subtract the hole: I = (Ic1 + A₁d₁²) − (Ic2 + A₂d₂²), where d is the distance from each part's own centroid to the axis through ȳ. A rectangle has Ic = bh³/12 and a circle Ic = πd⁴/64.
Centroid
ȳ = (36000·150 − 1963·195)/(36000 − 1963) = 147.4 mm
Full plate about ȳ
120·300³/12 + 36000·2.596² = 270.2 × 10⁶ mm⁴
Hole about ȳ
π·50⁴/64 + 1963·47.6² = 4.755 × 10⁶ mm⁴
Subtract
Ix = 265.5 × 10⁶ mm⁴
Answer
Ix = 265.5 × 10⁶ mm⁴
12.Centroid & second moment of area
Answer: σtop = 39.69 MPa
Composite areas: split the section into rectangles. The centroid is the area-weighted average ȳ = ΣAᵢyᵢ/ΣAᵢ. The second moment of area about the centroidal axis adds each part’s own bh³/12 and its parallel-axis term A·d², where d is the distance from the part’s centroid to the overall centroid. Bending stress is σ = M·y/I.
Split into two rectangles
Measure every y from the bottom edge.
flange: Af = 300·25 = 7500 mm², yf = 220 + 25/2 = 232.5 mm
Effective stress (Terzaghi): the soil skeleton carries σ′ = σ − u. The total stress σ is the weight of everything above the point, Σγ·h, using the dry unit weight above the water table and the saturated unit weight below it. Below the water table the pore water pressure is hydrostatic: u = γw·(depth below the water table).
Total stress
Add the weight of each soil band above X. Above the water table use the dry unit weight, below it the saturated one.
Water pressure grows with depth below the water table.
u = γw·(z − zw) = 9.81·3 = 29.43 kPa
Effective stress
σ′ = σ − u = 127.5 − 29.43 = 98.07 kPa
Answer
σ′ = 98.07 kPa
14.Effective stress in soil
Answer: σ = 149.8 kPa
Effective stress (Terzaghi): the soil skeleton carries σ′ = σ − u. The total stress σ is the weight of everything above the point, Σγ·h, using the dry unit weight above the water table and the saturated unit weight below it. Below the water table the pore water pressure is hydrostatic: u = γw·(depth below the water table).
Total stress
Add the weight of each soil band above X. Above the water table use the dry unit weight, below it the saturated one.
σ = γd·2 + γsat,sand·4 + γsat,clay·2.5
σ = 15·2 + 19·4 + 17.5·2.5 = 149.8 kPa
Answer
σ = 149.8 kPa
15.Consolidation settlement
Answer: S = 415.3 mm
Primary consolidation of a clay layer of thickness H, using the effective stress at the middle of the layer: σ′f = σ′0 + Δσ. Normally consolidated clay: S = Cc·H/(1 + e0)·log₁₀(σ′f/σ′0). Overconsolidated clay recompresses along Cr up to the preconsolidation pressure σ′p and follows Cc only beyond it. Time: t = Tv·Hdr²/cv, where the drainage path Hdr is H/2 when water can leave at the top and bottom, and H when only one side drains.
Compare with the preconsolidation pressure
σ′f = 95 + 150 = 245 kPa > 155 kPa
Settlement
Recompression up to σ′p, virgin compression beyond it.
S = 0.06·6.5/(1 + 0.6)·log₁₀(155/95) + 0.45·6.5/(1 + 0.6)·log₁₀(245/155)
S = 51.82 + 363.5 = 415.3 mm
Answer
S = 415.3 mm
16.Consolidation settlement
Answer: t = 0.2413 years
Primary consolidation of a clay layer of thickness H, using the effective stress at the middle of the layer: σ′f = σ′0 + Δσ. Normally consolidated clay: S = Cc·H/(1 + e0)·log₁₀(σ′f/σ′0). Overconsolidated clay recompresses along Cr up to the preconsolidation pressure σ′p and follows Cc only beyond it. Time: t = Tv·Hdr²/cv, where the drainage path Hdr is H/2 when water can leave at the top and bottom, and H when only one side drains.
Drainage path
Hdr = H/2 = 3.5/2 = 1.75 m
Time
t = Tv·Hdr²/cv = 0.197·1.75²/2.5 = 0.2413 years
Answer
t = 0.2413 years
17.Hydrostatic force
Answer: F = 49.05 kN
Hydrostatic force on a plane surface: F = ρ·g·yc·A. It acts at the centre of pressure, ycp = yc + Ic/(ycA), which always lies below the centroid.
Centroid depth and area
yc = d + H/2 = 2 + 1/2 = 2.5 m
A = H·b = 1·2 = 2 m²
Resultant force
F = ρ·g·yc·A = 1000·9.81·2.5·2 = 49.05 kN
Answer
F = 49.05 kN
18.Hydrostatic force
Answer: F = 48.56 kN
Hydrostatic force on a plane surface: F = ρ·g·yc·A. It acts at the centre of pressure, ycp = yc + Ic/(ycA), which always lies below the centroid.
Centroid depth and area
yc = d + H/2 = 0.5 + 1.5/2 = 1.25 m
A = H·b = 1.5·3 = 4.5 m²
Resultant force
F = ρ·g·yc·A = 880·9.81·1.25·4.5 = 48.56 kN
Answer
F = 48.56 kN
19.Pipe friction & head loss
Answer: hf = 2.507 m
Pipe flow: the Reynolds number Re = V·D/ν = ρ·V·D/μ tells laminar flow (Re below about 2000) from turbulent flow (above about 4000). Friction along a pipe costs the Darcy–Weisbach head loss hf = f·(L/D)·V²/(2g). Fittings, valves, the entrance and the exit add minor losses hm = ΣK·V²/(2g). Between two open reservoir surfaces the energy equation gives Δz = hf + hm, with the exit loss K = 1 included.
Mean velocity
A = π·0.075²/4 = 0.004418 m²
V = Q/A = 0.006/0.004418 = 1.358 m/s
Velocity head
V²/(2g) = 1.358²/(2·9.81) = 0.09401 m
Darcy–Weisbach
hf = f·(L/D)·V²/(2g) = 0.02·(100/0.075)·1.358²/(2·9.81) = 2.507 m
Answer
hf = 2.507 m
20.Pipe friction & head loss
Answer: Q = 288.4 L/s
Pipe flow: the Reynolds number Re = V·D/ν = ρ·V·D/μ tells laminar flow (Re below about 2000) from turbulent flow (above about 4000). Friction along a pipe costs the Darcy–Weisbach head loss hf = f·(L/D)·V²/(2g). Fittings, valves, the entrance and the exit add minor losses hm = ΣK·V²/(2g). Between two open reservoir surfaces the energy equation gives Δz = hf + hm, with the exit loss K = 1 included.
Loss coefficients
f·L/D = 0.015·300/0.3 = 15
ΣK = 0.5 + 2·0.3 + 10 + 1.0 = 12.1
Energy equation
Both surfaces are open to the air and practically at rest, so all of Δz is lost in the pipe.
Manning’s equation (SI): for uniform flow in an open channel V = (1/n)·R2/3·S1/2 and Q = A·V, with n the roughness coefficient, S the bed slope (m/m) and R = A/P the hydraulic radius: flow area divided by wetted perimeter. Only the boundary in contact with the water counts in P, not the free surface. Rectangle: A = b·y, P = b + 2y. Trapezoid with side slopes z:1 (horizontal:vertical): A = (b + z·y)·y, P = b + 2y·√(1 + z²). A circular pipe flowing full or half full has R = D/4.
Geometry
A = b·y = 6·0.7 = 4.2 m²
P = b + 2y = 6 + 2·0.7 = 7.4 m
R = A/P = 0.5676 m
Velocity
V = (1/0.015)·0.56762/3·0.0041/2 = 2.89 m/s
Flow rate
Q = A·V = 4.2·2.89 = 12.14 m³/s
Answer
Q = 12.14 m³/s
22.Open-channel flow (Manning)
Answer: S = 0.006814 m/m
Manning’s equation (SI): for uniform flow in an open channel V = (1/n)·R2/3·S1/2 and Q = A·V, with n the roughness coefficient, S the bed slope (m/m) and R = A/P the hydraulic radius: flow area divided by wetted perimeter. Only the boundary in contact with the water counts in P, not the free surface. Rectangle: A = b·y, P = b + 2y. Trapezoid with side slopes z:1 (horizontal:vertical): A = (b + z·y)·y, P = b + 2y·√(1 + z²). A circular pipe flowing full or half full has R = D/4.
Hydraulic radius
R = D/4 = 0.25/4 = 0.0625 m
Solve Manning for S
S = (n·V/R2/3)² = (0.013·1/0.1575)² = 0.006814
Answer
S = 0.006814
That is a fall of 6.814 m per kilometre.
23.Pumps & pump power
Answer: Pel = 25.96 kW
Pump power: the power given to the water is the hydraulic power Ph = ρ·g·Q·H = Q·Δp. The shaft must deliver more because the pump loses some: Pshaft = Ph/ηpump, and the motor draws Pel = Pshaft/ηmotor. The pump head H follows from the energy equation: static lift + pressure head + all friction and minor losses.
Hydraulic power
Ph = ρ·g·Q·H = 1000·9.81·0.04·44 = 17.27 kW
Shaft power
Pshaft = 17.27/0.7 = 24.67 kW
Electrical power
Pel = 24.67/0.95 = 25.96 kW
Answer
Pel = 25.96 kW
24.Pumps & pump power
Answer: H = 33.65 m
Pump power: the power given to the water is the hydraulic power Ph = ρ·g·Q·H = Q·Δp. The shaft must deliver more because the pump loses some: Pshaft = Ph/ηpump, and the motor draws Pel = Pshaft/ηmotor. The pump head H follows from the energy equation: static lift + pressure head + all friction and minor losses.
Both surfaces are practically at rest, so there is no velocity head term.
H = Δz + p/(ρ·g) + hL = 6 + 25.48 + 2.166 = 33.65 m
Answer
H = 33.65 m
25.Time value of money
Answer: FV = 1397 €
Time value of money: money today is worth more than the same amount later, because it can earn interest. With interest rate i per period, an amount grows as FV = PV·(1 + i)n. A series of equal payments (an annuity) is valued by adding up each payment, which gives the annuity formulas.
Time value of money: money today is worth more than the same amount later, because it can earn interest. With interest rate i per period, an amount grows as FV = PV·(1 + i)n. A series of equal payments (an annuity) is valued by adding up each payment, which gives the annuity formulas.
Rearrange the annuity formula
i = 0.0025
(1 + i)−N = 1 − 12 000·0.0025/525 = 0.9429
Solve with logarithms
N = −ln(0.9429)/ln(1.002) = 23.57
Round up to whole payments
23 full payments leave a small balance, which the last, smaller payment clears.
N = 24
Answer
N = 24 payments
27.NPV & IRR
Answer: EAC = 10384 €
Equivalent annual cost: spread the present value of all costs over the life as an equal yearly amount (an annuity): EAC = PV·r/(1 − (1 + r)⁻ⁿ). It lets you compare machines with different lives.
Annuity factor
(1 − 1.12−9)/0.12 = 5.328
Annualised purchase price
50 000/5.328 = 9 383.94
EAC
EAC = 9 383.94 + 1 000 = €10 383.94
Answer
EAC = €10 383.94
28.NPV & IRR
Answer: NPV = −18797 €
Net present value: discount every cash flow back to today with the required rate of return r, then add them up: NPV = Σ CFₜ/(1 + r)ᵗ. A project with NPV > 0 earns more than r and adds value. The internal rate of return (IRR) is the rate at which NPV = 0.
NPV is negative, so the project earns less than the required return.
29.Normal distribution
Answer: z = 2.25
From an area back to z: Φ(z) is the area to the left of z. For a left-tail area A, find z with Φ(z) = A in the table. A right-tail area A means Φ(z) = 1 − A. A central area A between −z and z leaves (1 − A)/2 in each tail, so Φ(z) = (1 + A)/2. For a value x, use x = μ + zσ.
Area to the left of z
Φ(z) = (1 + 0.9756)/2 = 0.9878
Read the z-table backwards
Find 0.9878 inside the table and read off z.
z = 2.25
Answer
z = 2.25
30.Normal distribution
Answer: x = 22.13 min
Normal distribution: convert a value x to a z-score, z = (x − μ)/σ, which counts standard deviations from the mean. A z-table (or Φ(z)) gives the area to the left of z, which is P(X < x). The area to the right is 1 − Φ(z), and the area between two values is the difference of their two areas.
z for the percentile
Φ(z) = 0.05 → z = −1.645
Back to x
x = 32 + −1.645·6 = 22.13 min
Answer
x = 22.13 min
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