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

  1. Input the information in the previous two tables in Excel. Make sure that you label all the information in your spreadsheet.

  1. Use matrix multiplication to determine which companies can complete each project at the lowest cost. Label your new matrix with the appropriate labels.

  1. Highlight the cells that give the lowest cost for each building project.

  1. Make a table that clearly identifies which company should be hired for each project.

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