For each of the situations below, identify a potential source of analogy data for the costs under
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For each of the situations below, identify a potential source of analogy data for the costs under each of the following cases: (1) this project/activity is a first of its kind for the company, and (2) this project/activity is similar to projects that the company has completed before.
a. Construction of a high-rise in New York City
b. Construction of a two-lane bridge in a rural Oklahoma county
c. Acquisition of a punch press to be used by a manufacturing company in California
d. Hiring an information technology manager to oversee new network services
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Related Book For
Principles Of Engineering Economic Analysis
ISBN: 9781118163832
6th Edition
Authors: John A. White, Kenneth E. Case, David B. Pratt
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