11. A certain machine was $15,000 in year 2000 when the cost index was 1092. If the cost index now is 1164 and exponent cost capacity equation is 0.65, the cost now of a similar machine having twice the capacity of previous machine is nearest to: a. Less than 24, 000 *b. 25,100 c. 28,500 d. More than 30,000 C,=15000 I, = V64 = 1164 x=0.65 ノ ç =? = 1092 %3D エ- l092 Qz こ2 Q, 0.65 1164 Qz It - !5000 12) %3D 1092, In

ENGR.ECONOMIC ANALYSIS
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how did they calculate (Q2/Q1)?
11. A certain machine was $15,000 in year 2000 when the cost index was 1092. If the cost index
now is 1164 and exponent cost capacity equation is 0.65, the cost now of a similar machine having
twice the capacity of previous machine is nearest to:
a. Less than 24, 000
*b. 25,100
c. 28,500
d. More than 30,000
C, =1500
= 1164
x:0.65
ç =?
I = 1092
Qz
Q,
0.65
1164
- ! 5o00 (2) )
Io
Qz
It
%3D
1092,
Q,
Transcribed Image Text:11. A certain machine was $15,000 in year 2000 when the cost index was 1092. If the cost index now is 1164 and exponent cost capacity equation is 0.65, the cost now of a similar machine having twice the capacity of previous machine is nearest to: a. Less than 24, 000 *b. 25,100 c. 28,500 d. More than 30,000 C, =1500 = 1164 x:0.65 ç =? I = 1092 Qz Q, 0.65 1164 - ! 5o00 (2) ) Io Qz It %3D 1092, Q,
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