Q: Rank the following estimate types in terms of accuracy of the estimate
Rank the following estimate types in terms of accuracy of the estimate from least accurate (1) to most accurate (5): partially designed, design 60% to 100% complete, order of magnitude, scoping/ feasi...
See AnswerQ: Selex Aerospace is considering five independent projects to improve net revenue as
Selex Aerospace is considering five independent projects to improve net revenue as estimated below. (All estimates have been divided by $1000.) The companyâs MARR is 15% per year. Us...
See AnswerQ: The cost for 4′′ diameter auger holes in earth is $
The cost for 4′′ diameter auger holes in earth is $18.85 per linear foot, but if they are cased, the cost is $69.18 per linear foot. What is the estimated cost for a 570-foot cased 4′′ boring?
See AnswerQ: Low, medium, and high cost estimates for a 30,
Low, medium, and high cost estimates for a 30,000 ft2 apartment building in zip code 79912 are $3,111,750, $3,457,500, and 4,321,875, respectively. (a) What is the cost per square foot for the medium...
See AnswerQ: Estimate the total cost of a house (from purchasing a lot
Estimate the total cost of a house (from purchasing a lot to furnishing it) using the following estimates: Cost Data House Data Purchasing a lot =...
See AnswerQ: A labor crew for placing concrete consists of one labor foreman at
A labor crew for placing concrete consists of one labor foreman at $26.70 per hour, one cement finisher at $29.30 per hour, five laborers at $24.45 per hour each, and one equipment operator at $33.95...
See AnswerQ: The Department of Defense uses area cost factors (ACFs) to
The Department of Defense uses area cost factors (ACFs) to compensate for differences in construction costs in different parts of the country (and world). The area cost factor for Waianae, Hawaii is 2...
See AnswerQ: Oil spill cleanup costs for a nation or region can be estimated
Oil spill cleanup costs for a nation or region can be estimated by taking the average cost for the specified region and multiplying it by various “modification factors” that are a function of oil type...
See AnswerQ: Equipment necessary to manufacture adjustable ball-lock pins for pulling two
Equipment necessary to manufacture adjustable ball-lock pins for pulling two components together had a cost of $185,000 when the FRED Equipment Cost Index was 210.0. What was the estimated cost of a s...
See AnswerQ: The FRED CPI Index (Table 15–3) can be
The FRED CPI Index (Table 15â3) can be used to predict the price of household items over the years. In 2011, Sandy and Malcolm purchased a combo clothes washing machine and dryer for...
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