Question: Part 2 Construction Cost A sub-contractor needs to decide which companies they should hire for each type of building they want to construct. Below is
Part 2 Construction Cost
A sub-contractor needs to decide which companies they should hire for each type of building they want to construct.
Below is the estimated time it should take (in hours) for each of the different types of buildings they work on.
| Building | Excavating | Framing | Electrical | Plumbing | Finishing |
| Office Space | 45 | 100 | 88 | 132 | 312 |
| School | 56 | 250 | 147 | 28 | 290 |
| Apartments | 84 | 480 | 75 | 125 | 244 |
| Grocery Store | 95 | 160 | 26 | 78 | 236 |
Below are the hourly rates for some different construction companies in the area.
| Company | Bouma | Pinnacle | Rockford | McGraw |
| Excavating | $350 | $300 | $285 | $245 |
| Framing | $225 | $275 | $280 | $280 |
| Electrical | $405 | $375 | $295 | $350 |
| Plumbing | $150 | $240 | $225 | $200 |
| Finishing | $250 | $190 | $230 | $215 |
- Input the information in the previous two tables in Excel. Make sure that you label all the information in your spreadsheet.
- Use matrix multiplication to determine which companies can complete each project at the lowest cost. Label your new matrix with the appropriate labels.
- Highlight the cells that give the lowest cost for each building project.
- Make a table that clearly identifies which company should be hired for each project.
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