An engineering team has a goal of installing new, more efficient solar panels
on the International Space Station. Which equation best describes a cost-
benefit analysis the team might perform?
O A. Improved efficiency - manufacturing expenses + fuel to reach
orbit = net benefit
O B. Improved efficiency + manufacturing expenses - fuel to reach
orbit = net benefit
C. Improved efficiency + manufacturing expenses + fuel to reach
orbit = net benefit
O D. Improved efficiency - manufacturing expenses - fuel to reach
orbit = net benefit

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Answer:

Answer is D

Explain:

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The equation best describes a cost-benefit analysis for installing new, more efficient solar panels on the International Space Station which the team might perform is Improved efficiency - manufacturing expenses - fuel to reach orbit = net benefit.

What are solar panels?

A panel designed to absorb the sun's rays as a source of energy for generating electricity or heating. Solar technologies convert sunlight into electrical energy either through photovoltaic (PV) panels or through mirrors that concentrate solar radiation. This energy can be used to generate electricity or be stored in batteries or thermal storage.

What are advantages of solar power?

The advantages of solar power are:

  • Solar power is pollution-free and causes no greenhouse gases to be emitted after installation.
  • Reduced dependence on foreign oil and fossil fuels.
  • Renewable clean power that is available every day of the year, even cloudy days produce some power.

What is meant by cost-benefit analysis?

A cost-benefit analysis is the process of comparing the projected or estimated costs and benefits (or opportunities) associated with a project decision to determine whether it makes sense from a business perspective.

The Elements of Cost-Benefit Analysis is

  • Determine on-going staffing costs – an analysis of the operating costs (actual versus proposed).
  • Estimated savings and expenses by user department areas (e.g., Manufacturing, Marketing, etc.).
  • Itemized benefits – both tangible and intangible.

Hence, Improved efficiency - manufacturing expenses - fuel to reach orbit = net benefit best describes a cost-benefit analysis the team might perform.

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