ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Chapter 2, Problem 60P
To determine

The calculation of time to construct 1st and 25th pillars.

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a) Find the equation of the total cost function if total costs are 5200 when ? = 8.
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 electrical portions of that cost were $2,511,893 and $1,585,384, respectively. If the total project cost in 2017 increases to $15,700,000, what would the mechanical portion of the total cost equal, provided the percentage (a) remained the same as in 2006, and (b) increased by 20% from the 2006 portion?
A car wheel making company has the following data related to cost: Total Cost = $ 15000 + 1000X and Total Revenue = 2500X, where X is the number of wheel. Calculate the Breakeven Point.
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