A water filtration system in an industrial process was purchased in 2002 at a total cost of
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Question:
A water filtration system in an industrial process was purchased in 2002 at a total cost of $250.000. It is planning to replace after ten years. The cost elements and their corresponding weights are given below. Additional information is given in the accompanying table.
a) Calculate a weighted index for water filtration system in 2002.
b) Prepare a budget estimate for a water filtration system in 2012.
c) What was the price of the water filtration system when it was first bought at 1992?
Related Book For
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
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