plz solve it clearly hurry Q.5 How could you answer to address the price adjustment formula which is also known as escalation? Whatare its pros and cons? Briefly explain.Q.6 Write technical explanation of the following;i. Just-in-time (JIT)ii. Fixed cost

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Answered: Q.5 How could you answer to address the…

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter18: Life-cycle Costing

Section: Chapter Questions

Problem 7RQ

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Q.5 How could you answer to address the price adjustment formula which is also known as escalation? What are its pros and cons? Briefly explain.