Pm592

Instructions: Please accomplished all 3 multi-part problems for this weeks assignment. 2-1 radical Estimating Problem Your company is installing a new piece of machining equipment and a robotic arm. Your manager asks for the project exists by cost course of reckon as well as the total amount. Given the entertain information, develop a buns cost estimate by grouping costs by Equipment / real (items 1 4), existence / poke (items 5 and 6), and overhead (items 7-9). 1. dickens pieces of equipment costing $ 15,000 and $ 35,000 2. visible necessitate for electrical hook-up is cd feet at $ 25 per leg it 3. Controls for from each one piece of equipment atomic number 18 estimated at $ 600 each 4. Required start-up stuff is 3,700 motor downs at $ 2.70 per pound 5. order labour party for installation requires 2 care specialists for two daylightlights at eight hours per day and $ 35 per hour 6. Contract assiduity is estimated at a fit(p) price of $ 7,500 7. Engineering is estimated to be 15% of (equipment / material) cost found on past sock 8. Inspection is estimated to be 3% of ( chore) cost ground on past experience 9. universal and Administrative expenses are estimated to be 5% of the total of (equipment / material) and (labor) based on past experience.

bring up: For this problem, only items 5 and 6 are considered labor for the direct of calculating items 8 and 9. 1. Two pieces of equipment costing $ 15,000 and $ 35,000=$50,000 2. Material required for electrical hook-up is 400 feet at $ 25 per foot=$10,000 3. Controls for each piece of equipment are estimated at $ 600 each=$600x2=$1,200 4. Required start-up material is 3,700 pounds at $ 2.70 per pound =$9,990 organic Equipment/material=$71,190.00 5. Company labor for installation requires two maintenance specialists for two days at eight hours per day and $ 35 per hour=$1,120 6. Contract labor is estimated at a fixed price of $ 7,500=$7,500 Installation/Labor=$8,620.00 7. Engineering is estimated to be 15%...If you want to get a full essay, army it on our website: Ordercustompaper.com

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