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lliel vaiveauli puilp),yu neve should cost $500 each installed. How much should

ID: 1134965 • Letter: L

Question

lliel vaiveauli puilp),yu neve should cost $500 each installed. How much should you estimate as the initial capital cost for this project? 3. [101 Professor Butler bought a new Chevrolet car in 1971 for approximately $3,000. Using the consumer price index, determine what this car should cost in today's (2018) dollars 4. [10] The cost capacity factor for a gas turbine powered generator for back-up power is 0.85 The last gas turbine powered generator produced 500 KW and cost $2 million. We now want to acquire an 800 KW unit. Using the Power Sizing technique, what should we expect the cost to be? 1 Your boss formed a new company for making pre-stressed concrete structures for bridge segments. She expects to have an 85% learning curve, and the first 100 structures took 220 labor hours. Construct a table showing the estimated labor hours by 100 units constructed needed to construct the first 1,000 pre-stressed concrete structures. Include columns for cumulative total and cumulative average in your table 6. [25] The data on the following page is available for predicting indirect cost in your facility Please develop a linear Cost Estimating Relationship (CER) that relates units produced per month to estimated indirect cost per month. What is the R2 value? Is this a good relationship?

Explanation / Answer

3) CPI in 2018 = 252.06

CPI in 1971 = 40.5

Price in 1971 = 3000

Price in 2018 = ( CPI in 2018/ CPI in 1971) price of 1971

Price in 2018 = (252.06/40.5)3000

Price in 2018 = 18671.11$

4) cost capacity factor = 0.85 = n

Cost of 500kw capacity plant = 2 million = C1

Cost of 800kw capacity plant = C2

Q1 = 500kw

Q2 = 800kw

C2 = C1 (Q2/Q1)n

C2 = 2 million (800/500)0.85

C2 = 2 million * 1.491

C2 = 2.982 million

So cost of 800kw capacity plant = 2.982 million