Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
17th Edition
ISBN: 9780134870069
Author: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher: PEARSON
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Chapter 3, Problem 9P

Prepare a composite (weighted) index for housing construction costs in 2014, using the following data: (3.3)

Chapter 3, Problem 9P, Prepare a composite (weighted) index for housing construction costs in 2014, using the following

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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
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
Exercise2: A company makes iron benches and wants to determine the break-even point. The total fixed cost for the business is $60,000 and the variable cost is $40 per bench. It sells the bench for $100 per unit. Determine the BEP and construct a graph.

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