Week 2 592 Pm

Week two assignment 2-1 Basic Estimating Problem Equipment be| $15,000.00| $35,000.00| $50,000.00| Electrical Hook-up| four hundred Feet| $25.00/Ft| $10,000.00| Equipment Controls| 2| $600.00| $1,200.00| Start-up satisfyings| 3700 Lbs| $2.70/Lb| $9,990.00| lend Equipment& adenine; Material| | | $71,190.00| Personnel 2/ solar day for 8 hours| 32 bits| $35.00 Per Hour | $1,120.00| Contract fightFixed Costs| | $7,500.00| $7,500.00| Total Installation& Labor| | $8,620.00| $8,620.00| Engineering Costsfor Equip & Materials| | 15%| $10,678.50| Inspections| | 3%| $00,258.60| ecumenical & Admin| | 5%| $03,990.50| 2-2 Three-point evaluate Problem (a) Use the three-point estimating process to get the expect value of the material. =(0.24+(4*0.30)+0.62)/6 = $0.34/lb. (b) Use the three-point estima ting process to tally to determine the evaluate amount of structural make involve for the forcing out? =(37+(4*40)+49)/6 = 41 tons (c) Using the imagines from 1 & 2, what is the expected price for structural steel everyplace the life of the project? $ 0.34 * 82,000 = $27,880 (d) Using the Complex three-point method, what is the expected speak to for structural steel over the life of the project? pass judgment cost:0.34 * 82,000 = $27,880 Most optimistic cost:0.24 * 74,000 = $17,760 Most bearish cost:0.62 * 98,000 = $60,760 The final estimated cost is: (($17,760+(4*$27,880)+$60,760/6 =$31,673 Expected usage = 41 tons Expected fundamental cost (simple method) = $28,153 Expected total cost (complex method) = $31,856 2-3 Contingency Allowance Problems (a) After applying the appropriate estimate misadventure adjustments, what is the cost per sandwic h? Order of Magnitude=1.5*(80+3+6)133.5 Bu! dget...If you insufficiency to get a full essay, order it on our website: OrderCustomPaper.com

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