Q: AB Jackson Industries installed a compressor and pump system in 2010 at
AB Jackson Industries installed a compressor and pump system in 2010 at a cost of $87,200. If the FRED equipment cost index applies, what will be the estimated cost now for a similar system when the i...
See AnswerQ: Identify the following cost elements as first-cost (FC)
Identify the following cost elements as first-cost (FC) components or annual operating cost (AOC) components for a piece of equipment in a chemical processing plant: rent, direct labor, equipment over...
See AnswerQ: An estimated 6 billion gallons of clean drinking water disappear each day
An estimated 6 billion gallons of clean drinking water disappear each day across the United States due to aging, leaky pipes, and water mains before it gets to the consumer or industrial user. The Ame...
See AnswerQ: The cost of a piece of equipment was $67,900
The cost of a piece of equipment was $67,900 when the relevant cost index was 1457.4. Determine the index value when the same equipment was estimated to cost $83,400?
See AnswerQ: A consulting engineering firm is preparing a preliminary cost estimate for a
A consulting engineering firm is preparing a preliminary cost estimate for a 40-MW advanced combined cycle natural gas-fired power plant. The firm, which completed a similar project in 2012 with a tot...
See AnswerQ: The Marshall and Swift (M&S) equipment cost index
The Marshall and Swift (M&S) equipment cost index started with a base value of 100 in 1926. Determine the average (compound) percentage increase per year between 1926 and 2011 when the index value was...
See AnswerQ: An engineer who owns a construction company that specializes in large commercial
An engineer who owns a construction company that specializes in large commercial projects noticed that material costs increased at a rate of 2% per quarter over the past 2 years. If a material cost in...
See AnswerQ: A survey of total project construction costs for a wide range of
A survey of total project construction costs for a wide range of buildings (hospitals, schools, banks, nursing homes, etc.) in 2006 found that the average cost was $13,136,431. The mechanical and elec...
See AnswerQ: A quadrupole mass spectrometer can be purchased today for $85,
A quadrupole mass spectrometer can be purchased today for $85,000. The owner of a mineral analysis laboratory expects the cost to increase exactly by the specialty laboratory equipment cost index over...
See AnswerQ: What is the fundamental difference between estimating costs using a CER and
What is the fundamental difference between estimating costs using a CER and a cost index?
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