Engineering Economy
16th Edition
ISBN: 9780133582819
Author: Sullivan
Publisher: DGTL BNCOM
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Textbook Question
Chapter 3, Problem 9P
Prepare a composite (weighted) index for housing construction costs in 2014, using the following data: (3.3)
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Compute to three decimal places. (See attached)
Initial values are: PX = $9500 PY = $10000 I = $15000 A = $170000 W = 160
This function is: Qs = 89830 -40PS +20PX +15PY +2I +.001A +10W
Every year, there is some form of construction work going on at UF's campus. In January
2018, bids were opened for a new building on campus for UFPD. The bid/construction value of
the building was set at $5 Million. Another building of similar structure and purpose is planned
with a bid opening in January 2023. What is the expected bid for the new building?
It is given that in January 2000, the Florida Construction Cost Index had a value of 5550, while in
January 2018, that value was 8000. You can use these price indices to calculate an average
inflation in construction costs.
Question 1
Cost of a stainless vessel in year 2002 was $33,000. Estimate its cost in year 2016 by using CEPCI data.
CEPCI of year 2002 = 395.6; CEPCI of year 2016 = 541.7
Answer
Chapter 3 Solutions
Engineering Economy
Ch. 3 - Prob. 1PCh. 3 - Prob. 2PCh. 3 - Prob. 3PCh. 3 - Prob. 4PCh. 3 - Prob. 5PCh. 3 - Prob. 6PCh. 3 - Prob. 7PCh. 3 - Prepare a composite (weighted) index for housing...Ch. 3 - Prepare a composite (weighted) index for housing...Ch. 3 - Prob. 10P
Ch. 3 - Prob. 11PCh. 3 - Prob. 12PCh. 3 - Prob. 13PCh. 3 - Prob. 14PCh. 3 - Prob. 15PCh. 3 - A biotech firm is considering abandoning its old...Ch. 3 - Prob. 17PCh. 3 - Prob. 18PCh. 3 - Prob. 19PCh. 3 - Prob. 20PCh. 3 - Prob. 21PCh. 3 - Prob. 22PCh. 3 - Prob. 23PCh. 3 - Prob. 24PCh. 3 - Prob. 25PCh. 3 - Prob. 26PCh. 3 - Prob. 28SECh. 3 - Prob. 31CSCh. 3 - Prob. 32CSCh. 3 - Prob. 36FECh. 3 - Prob. 37FECh. 3 - Prob. 38FECh. 3 - Prob. 39FECh. 3 - Prob. 40FECh. 3 - Prob. 41FE
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