The preliminary cost for a 50,000 ft2 aircraft hangar must be estimated. (a) The first unit estimate was $98.23 per square foot. Estimate the cost of the hangar. (b) The budget limit came in at $4 million. Perform two analyses: determine the maximum allowed size to be within budget at the first estimated unit cost, and determine the maximum unit cost to stay within budget and maintain the 50,000 ft2 size.

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A:

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A: The cost of arc furance = $16000 Exponent  = 0.65

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A: We have, 8 years ago Index, 11 60 Today's Index, 12 = 110 8 years ago Cost, C1 = $5 million Power…

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A: A production system bottleneck is a congested area that slows or halts progress. Temporary…

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