Question 3, Chapter 15 Cost Estimation, Cost Engineering and Cost Management 3.1 Your company constructs ice plants for deep, hot mines. You recently completed an ice plant at a mine at a cost of R4,8m. This plant could produce up to 2500 tons of ice per day. Make a quick estimate of the likely cost of a new plant with a capacity of 3000 tons of ice per day. { Note: Y=0,6} 3.2 List the method/steps that you would follow to determine the cost of the plant in 3.1 to a greater degree of accuracy