Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To check quotations from contractors and/or sub-contractors All of these To have a check on a definitive cost estimate To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors All of these To have a check on a definitive cost estimate To compute target estimate for the owner while drawing and specifications are in initial stage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 11 months 13 months 10 months 12 months 11 months 13 months 10 months 12 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget None of these To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to original cost estimate To keep the project cost equal to subsequent construction budget ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The institute of Electronics and Communications Engineers of the Philippines (IECEP) is planning to put up its own building. Two proposals being considered are:A. The construction of the building now to cost P 400,000B. The construction of a smaller building now to cost P300,000 and at the end of 5 years, an extension to be added to cost P 200,000.By how much is proposal B more economical than proposal A if interest rate is 20% and depreciation to be neglected? P 19,518.03 P 19,122.15 P 19,423.69 P 19,624.49 P 19,518.03 P 19,122.15 P 19,423.69 P 19,624.49 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics ABC Corporation makes it a policy that for any new equipment purchased, the annual depreciation cost should not exceed 20% of the first cost at any time with no salvage value. Determine the length of service life necessary if the depreciation used is the SYD method. 8 years 7 eyars 10 years 9 years 8 years 7 eyars 10 years 9 years ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually. P 1,205.74 P 1,290.34 P 1,185.54 P 1,107.34 P 1,205.74 P 1,290.34 P 1,185.54 P 1,107.34 ANSWER DOWNLOAD EXAMIANS APP