Questions from Engineering

Q: When competition is the dominant factor in pricing a product or service

When competition is the dominant factor in pricing a product or service, what is the best cost estimation strategy to adopt?

Q: Estimate the cost of a 0.75 million gallon per day

Estimate the cost of a 0.75 million gallon per day (MGD) induced-draft packed tower for air-stripping trihalomethanes from drinking water if the cost for a 2-MGD tower is $153,200. The exponent in the...

Q: What is the value of the exponent in the cost capacity equation

What is the value of the exponent in the cost capacity equation if a pump half the size of a similar, but larger one, costs exactly half as much as the larger one?

Q: If the capital budget limit is $120,000, the

If the capital budget limit is $120,000, the MARR is 10% per year, and all projects have a 10-year life, rank and select from the independent projects using the (a) PI measure, (b) IROR measure, and (...

Q: The cost for implementing a manufacturing process that has a capacity of

The cost for implementing a manufacturing process that has a capacity of 6000 units per day was $550,000. If the cost for a plant with a capacity of 100,000 units per day was $3 million, what is the v...

Q: The estimated cost for a multi tube cyclone system with a capacity

The estimated cost for a multi tube cyclone system with a capacity of 60,000 cubic feet per minute is $450,000. (a) If the $200,000 actual cost for a 35,000 cubic feet per minute system was used in th...

Q: The cost for construction of a desulfurization system for flue gas from

The cost for construction of a desulfurization system for flue gas from boilers at a 600 MW power plant was estimated to be $250 million. If a similar system for a smaller plant had a cost of $55 mill...

Q: Estimate the cost in 2018 of a 1000-horsepower steam turbine

Estimate the cost in 2018 of a 1000-horsepower steam turbine air compressor if a 200-horsepower unit costs $160,000 in 1999. The exponent in the cost capacity equation is 0.35 and the equipment cost i...

Q: A mini-wind tunnel for calibrating vane or hotwire anemometers costs

A mini-wind tunnel for calibrating vane or hotwire anemometers costs $3750 in 2011 when the Marshall and Swift (M&S) equipment cost index value was 1490.2. If True-Tech Instruments estimated the cost...

Q: State whether actual (A) or estimated (E) costs

State whether actual (A) or estimated (E) costs are more likely to be used to carry out the following activities: calculate taxes, make bids, pay bonuses, determine profit or loss, predict sales, set...