The preliminary cost for a 50,000 ft 2 aircraft hangar must be estimated. (a) The first unit

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The preliminary cost for a 50,000 ft2 aircraft hangar must be estimated. 

(a) The first unit estimate was $98.23 per square foot. Estimate the cost of the hangar.

(b) The budget limit came in at $4 million. Perform two analyses: determine the maximum allowed size to be within budget at the first estimated unit cost, and determine the maximum unit cost to stay within budget and maintain the 50,000 ft2 size.

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Engineering Economy

ISBN: 978-0073523439

8th edition

Authors: Leland T. Blank, Anthony Tarquin

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