Fundamentals Of Construction Estimating
4th Edition
ISBN: 9781337399395
Author: Pratt, David J.
Publisher: Cengage,
expand_more
expand_more
format_list_bulleted
Question
error_outline
This textbook solution is under construction.
Students have asked these similar questions
Hi, Are you able to put the calculations in an excel showing the results?
Describe the two stages involved in pricing an estimate.
A contractor bought a concrete mixer at ? 120,000 if paid in cash. The mixer may also be purchased by installment to be paid within 5 years. If money is worth 8% compounded annually, what is the amount of each annual payments made at the end of each year if paid in installment up to the end of 5 years?
Knowledge Booster
Similar questions
- Explain the relationships in the excel grapharrow_forward70.Given the cost function C(x) = 100 + 8x + 0.1x2, find the marginal profit at x = 50, if the price per unit is $20.arrow_forwardA client plans to construct a manufacturing plant that involves multiple engineering disciplines. Calculate the total engineering fees including taxes based on the following: Mechanical Works, $1,540,000 Electrical Works, $1,780,000 Earth Works, $950,000 Civil Works, $2,125,100 Environmental Works, $1,325,000 Basis B fees = 9% There are no office fees Taxes = 13%arrow_forward
- Q4: Develop your concept that what will be the effect of inflation on money if it is not invested. Also define inflation, Deflation and hyperinflation. Subject: construction managementarrow_forwardYou have been asked to estimate the per unit selling price of a new line of clothing. Pertinent data are given as follows. Past experience has shown that an 80% learning curve applies to the labor required for producing these items. The time to complete the first item has been estimated to be 1.76 hours. Use the estimated time to complete the 50th item as your standard time for the purpose of estimating the unit selling price.arrow_forwardCONSTRUCTION PLANNING ASSIGNMNET Problem 2: using any software( MS Excel/Matlab) determine the linear relation between Profit and number of Unitsarrow_forward
- Imagine that you want to add a bathroom to a house. You get a copy of a cost estimating guide and multiply the cost per square foot for a bathroom addition by the number of square feet of the bathroom. This is an example of what estimating method?arrow_forwardA machine costs ₱60,000 if paid in cash. On the installment plan, a purchaser should pay ₱20,000 down payment and 10 quarterly installments, the first due at the end of the first year after purchase. If money is worth 15% compounded semi-annually, determine the quarterly installment.arrow_forwardAn employee is earning $ 18,000 a month and he can only afford to purchase a car which will require a down payment of $ 80,000 and a monthly amortization of 30% of his monthly salary. What would be the maximum cash value of a car he can purchase if the seller will agree to a down payment of $ 80,000 and the balance payable in four years at 12% per year payable in monthly basis. The first payment will be due at the beginning of the first month. Include cashflow diagram and formulas.arrow_forward
- Make a sketch of the flow chart depicting the steps in, and the cyclic nature of, a contractor’s cost accounting, cost reporting, and cost control systemarrow_forwardWhat are the three levels of accuracy recognized in estimating capital costs?arrow_forwardAfter a six months of work on the projects site, your company collected the following information relating to work down so far on the project BAC=$156,478.00, planned value=$95,565.24, Earned value =$92, 985.56, Actual cost =$95986.60. calculate the percentage of work completedarrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Fundamentals Of Construction EstimatingCivil EngineeringISBN:9781337399395Author:Pratt, David J.Publisher:Cengage,
Fundamentals Of Construction Estimating
Civil Engineering
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Cengage,