Q7:- A contractor purchased a concrete mixing plant for an amount of 100 million dinars, so if the useful life of the plart is 8 million cubic met ers, and the book value in the four th year is 50 million dirars calculated by the fxed ratio method, the contractor wanted to submit a bid to supply concrete for one of the construction sites. Whet the minimum supply price of a cubic meter to be recorded in the priced table of quantities? If you know that the production capacity of the plant (400 cubic meters / day), the costs of fuel and operation (5 thousand dinars / cubic meter), maintenance (5 million dinars / cubic metres), neglect the annual profit and tax, neglect the time value of money, use the method of summing the numbers of years.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Q7:- A contractor purchased a concrete mixing plant for an amount of 100 million dinars, so if the useful life of the
plart is 8 million cubic met ers, and the book value in the four th year is 50 million dirars calculated by the fxed ratio method, the contractor wanted to submit a bid to supply concrete for one of the construction sites. Whet
the minimum supply
price of a cubic meter to be recorded in the priced table of quantities? If you know that the production capacity of the
plant (400 cubic meters / day), the costs of fuel and operation (5 thousand dinars / cubic meter), maintenance
(5 million dinars / cubic metres), neglect the annual profit and tax, neglect the time value of money, use the method
of summing the numbers of years.
Transcribed Image Text:Q7:- A contractor purchased a concrete mixing plant for an amount of 100 million dinars, so if the useful life of the plart is 8 million cubic met ers, and the book value in the four th year is 50 million dirars calculated by the fxed ratio method, the contractor wanted to submit a bid to supply concrete for one of the construction sites. Whet the minimum supply price of a cubic meter to be recorded in the priced table of quantities? If you know that the production capacity of the plant (400 cubic meters / day), the costs of fuel and operation (5 thousand dinars / cubic meter), maintenance (5 million dinars / cubic metres), neglect the annual profit and tax, neglect the time value of money, use the method of summing the numbers of years.
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