A community has hired a company to estimate their storage requirements for water supply. They have specified that they would like a steady supply of 500 m3/day. The project will be built on a stream where some historical data on streamflow was available at the daily time scale. The consultant used the sequent peak method that you used in HW 1 with this demand and the daily streamflow data and estimates that a storage of 45,000 m3 will be needed to meet this demand [1]based on the historical data. Recognizing that they did not have a very long record, they also did an uncertainty analysis and computed 100 random simulations of possible streamflow sequences using a conditional bootstrap model. They computed the storage required for each of 100 simulations and this data is presented in the spreadsheet that is attached. The Capital Cost of building the infrastructure is estimated as
