Question: The following table gives the estimated acquisition cost and expected earth coverage per day (in percentage terms) for five possible satellite architectures. Assume that greater earth coverage corresponds to better performance. Use this table to answer questions (1) through (3).
|
Earth Covergae
per day (%) |
Estimated aquistion
cost ($M) |
| Sat 1 |
25 |
240 |
| Sat 2 |
24 |
130 |
| Sat 3 |
21 |
150 |
| Sat 4 |
18 |
180 |
| Sat 5 |
11 |
80 |
1. Calculate the benefit/cost ratio for each satellite alternative. Develop a graph to display the ratios.
2. Develop a scatter plot of the earth coverage vs. estimated cost to determine which satellite design provides the most "bang for the buck."
3. Which satellite design would you recommend based only on cost and earth coverage? Why?