What is the estimated cost of a factory with 30,000 sq. ft. of workspace if it costs $0.71 million to produce a similar factory with 50,000 sq. ft. of workspace and the economies of scale exponent X in the cost ratio estimation equation is 0.75. The nearest answer is:
What is the estimated cost of a factory with 30,000 sq. ft. of workspace if it costs $0.71 million to produce a similar factory with 50,000 sq. ft. of workspace and the economies of scale exponent X in the cost ratio estimation equation is 0.75. The nearest answer is:
Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)
5th Edition
ISBN:9781305084766
Author:Saeed Moaveni
Publisher:Saeed Moaveni
Chapter20: Engineering Economics
Section: Chapter Questions
Problem 46P
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