A small textile plant was constructed in 2008.
QUESTION 3
A small textile plant was constructed in 2008. The major equipment, costs, and factors are shown in the table below.
| Equipment | Reference Size | Reference Cost | Cost-Capacity Factor | New Design Size |
|---|---|---|---|---|
| Finishing machine | 150yd//min | $930,000 | 0.8 | 200yd//min |
| Jet dyer | 200yd//min | $1,160,000 | 0.75 | 450yd//min |
| Steam dyer | 100yd//min | $770,000 | 0.67 | 175yd//min |
Estimate the cost (in dollars) to build a new plant in 2018 if the index for this type of equipment has increased at an average rate of 1 9% per year for the past 10 years. (Enter your answer as a number without the dollar $ sign.)
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Estimate the cost (in dollars) to build a new plant in 2018 if the index for this type of equipment has increased at an average rate of 3 % per year for the past 10 years
QUESTION 4 A small textile plant was constructed in 2008. The major equipment, costs, and factors are shown in the table below.EquipmentReference SizeReference CostCost-Capacity FactorNew Design SizeFinishing machine150yd//min$985,0000.82200yd//minJet dyer200yd//min$1,230,0000.77450yd//minSteam dyer100yd//min$820,0000.69175yd//minEstimate the cost (in dollars) to build a new plant in 2018 if the index for this type of equipment has increased at an average rate of 3 % per year for the past 10 years. (Enter your answer as a number without the dollar $ sign.)
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use following to solve
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