Equipment necessary to manufacture adjustable ball-lock pins for pulling two components together had a cost of $185,000 when the M&S Equipment Cost Index was 1375.4. What is the cost estimate for a similar system when the index value is 1634.9?
Equipment necessary to manufacture adjustable ball-lock pins for pulling two components together had a cost of $185,000 when the M&S Equipment Cost Index was 1375.4. What is the cost estimate for a similar system when the index value is 1634.9?
Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter3: Benefits, Costs, And Decisions
Section: Chapter Questions
Problem 8MC
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Equipment necessary to manufacture adjustable ball-lock pins for pulling two components together had a cost of $185,000 when the M&S Equipment Cost Index was 1375.4. What is the cost estimate for a similar system when the index value is 1634.9?
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