1. #1
    MembersZone Subscriber

    Join Date
    Jun 2005
    Location
    Sherman NY USA
    Posts
    61

    Default cost/benefit calculation?

    Am I close with this calculation?


    Avg. number of fire calls for the last 4 years =33 times the life of SCBA 10 years = 310 total calls divided by the total project cost $ 60,000.00 = yearly cost/benefit of $ 193.55 and per citizen benefit of $ 11.71?

  2. #2
    Banned

    Join Date
    Feb 2007
    Location
    In my house
    Posts
    2,332

    Default

    To get the cost benefit ratio you need the cost of the project as well as the cost of what will be saved. However, in this case most of your benefits are intangible benefits. In this case you need to perform a qualitative analysis vs. a quantitative one.

    In many cases, the cost benfit ration will compare doing business the current way vs. doing it a new way.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Hydraulic calculation software for automatic sprinklers
    By Reckonit in forum Firefighters Forum
    Replies: 3
    Last Post: 02-15-2005, 06:52 PM
  2. Replies: 5
    Last Post: 02-15-2005, 06:37 PM
  3. Hydraulic calculation software for automatic sprinklers
    By Reckonit in forum Fire Prevention and Life Safety
    Replies: 0
    Last Post: 02-14-2005, 11:55 PM
  4. Replies: 0
    Last Post: 02-14-2005, 11:54 PM
  5. Hydraulic calculation software for automatic sprinklers
    By Reckonit in forum Fire Investigation
    Replies: 0
    Last Post: 02-14-2005, 11:46 PM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Log in

Click here to log in or register