A heavy construction firm has been awarded contract to build a large concrete dam. It is expected hat a total of 8 years will be required to complete the vork. The firm will buy $600,000 worth of special equipment for the job. During the preparation of the ob cost estimate, the following utilization schedule vas computed for the special equipment: a.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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work, The firm will buy $600,000 worth of special
that a total of 8 years will be required to complete the
A heavy construction firm has been awarded a
contract to build a large concrete dam. It is expected
contract to build a large concrete dam. It is
expected
equipment for the job. During the preparation of the
job cost estimate, the following utilization schedule
was computed for the special equipment:
Utilization
Utilization
Year
(hr/yr)
Year
(hr/yr)
1.
6000
800
4000
800
3
4000
2200
1600
2200
679
Transcribed Image Text:work, The firm will buy $600,000 worth of special that a total of 8 years will be required to complete the A heavy construction firm has been awarded a contract to build a large concrete dam. It is expected contract to build a large concrete dam. It is expected equipment for the job. During the preparation of the job cost estimate, the following utilization schedule was computed for the special equipment: Utilization Utilization Year (hr/yr) Year (hr/yr) 1. 6000 800 4000 800 3 4000 2200 1600 2200 679
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