1)When would you use the Power Sizing Method to estimate Costs? 2)In terms of cost estimating,...

1)When would you use the Power Sizing Method to estimate Costs?

2)In terms of cost estimating, what is a learning curve analysis and when is it most useful?

Expert Solution

Rahul Sunny answered 2 years ago

Use a combined cost index and the power-sizing cost estimating model to estimate the current cost...

Use a combined cost index and the power-sizing cost estimating model to estimate the current cost of a piece of equipment that has 50% more capacity than a similar piece of equipment that cost $30,000 five years ago. The appropriate power-sizing exponent for this type of equipment is 0.8, and the ratio of the cost indexes (current to 5 years ago) is 1.24. (Note that this is more complex than the previous questions.) A) $55,800 B) $44,640 C) $29,760 D)...

When estimating the FCF of a project, you are expected to estimate “incremental” FCF – explain...

When estimating the FCF of a project, you are expected to estimate “incremental” FCF – explain what the phrase “incremental” means and why you need to calculate the “incremental” FCF to evaluate a project? What three attributes of these incremental FCFs matter? How are these attributes incorporated in the capital budgeting process?

This is for pharmacology. 1. Explain when you would use the Z-Track method of injection. Explain...

This is for pharmacology. 1. Explain when you would use the Z-Track method of injection. Explain how you would administer an injection using the Z-Track method. 2. As a nurse, you will see patients displaying Extrapyramidal Symptoms. Explain Extrapyramidal symptoms. Mr. Smith is given azithromycin 500 mg for one dose and then azithromycin 250 mg daily for the next 5 days and ceftriaxone 1 g IV twice daily. After beginning the IV administration of ceftriaxone Mr. Smith’s heart rate increases...

1. What factors affect the costs of labor when estimating masonry? 2. How may the type...

1. What factors affect the costs of labor when estimating masonry? 2. How may the type of bond (pattern) affect the amount of materials required? 3. Why is high accuracy required with an item such as masonry? 4. Why should local suppliers be contacted early in the bidding process when special shapes or colors are required? 5. Why must the estimator separate the various sizes of masonry units in the estimate? 6. What is a cash allowance and how does...

1. In terms of security, why would you not use rm command to delete files? 2....

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1. You would like to have the current equivalent in terms of today's buying power of...

1. You would like to have the current equivalent in terms of today's buying power of $4,000 in years 4 5 and 6 How much would you have to invest in years 1, 2 and 3 (the same amount in each year in nominal terms) to fund this level of real consumption? You expect inflation to be 3% per year over that time period. Your investments earn 7% per year in nominal terms. $3,265 $3,781 $3,857 $3,706 2. You would...

Estimate the lowest eigenvalue pair of matrix A using the Inverse Power Method A = 2 8...

Estimate the lowest eigenvalue pair of matrix A using the Inverse Power Method A = 2 8 10 8 4 5 10 5 7 starting with initial guess x0 = [1 1 1]T and εaλ ≤ 1%

2. In terms of estimating population parameters using sample statistics, one would think that the highest...

2. In terms of estimating population parameters using sample statistics, one would think that the highest level of confidence in an estimate (in other words, the 99% confidence level) would always be preferred by researchers. A. What is/are the advantage(s) of reporting a confidence interval at the 99% confidence level? B. Explain why researchers might rather choose a lower level of confidence (say the 95% or 90% confidence level) in their estimation of confidence intervals. Show all work, do not...

When would you want to use value-of-service pricing instead of cost-of-service pricing? When would you like...

When would you want to use value-of-service pricing instead of cost-of-service pricing? When would you like use negotiated pricing?

You can use 2 methods to make a certain part. Method 1 has an initial cost...

You can use 2 methods to make a certain part. Method 1 has an initial cost of $ 20,000 and a residual value of $ 5,000 after 3; years, that is, its lifespan. Annual operating costs amount to $ 8,500 / year. Method 2 initially costs $ 15,000 and has a lifespan of 2 years. Its residual value is $ 3,000 and the annual operating costs are $ 7,000 / year. Using a 2-year planning horizon and the residual value...

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