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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This is an exercise. The cost of all the raw materials increased by 12% from the year 2017 to 2019. Find the composite Index in the year 2019 based on the year 2015.
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.
Computing levels: Suppose xt grows at 2% per year and yt grows at 5% peryear, with x0 = 2 and y0 = 1. Calculate the numerical values of zt for t = 0,t = 1, t = 2, t = 10, t = 17, and t = 35 for the following cases:(a) z = x(b) z = y(c) z = x3/4y 1/4

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