Question: Show all calculations and formulas within your excel formulas, state all assumptions. Failure to follow instructions will result in deductions Question 1 Roadway, Inc, is
Show all calculations and formulas within your excel formulas, state all assumptions.
Failure to follow instructions will result in deductions
Question
Roadway, Inc, is a highway contractor that has been awarded a contract to mill and pave a mile section of Interstate in the Phoenix metro area.
The government has requested a cost analysis of two alternatives:
The cost to perform the work under straighttime normal working conditions
The cost to perform the work under a combination of straighttime and a second shift In preparing your analysis you arrived at the following numbers:
Under straighttime hours the highway crew with equipment works at a rate of laborhourtons
The highway is lanes each direction, has a foot shoulder on all sides shoulders total and has layers of inches, inches and inches respectively. Each lane is feet wide and asphalt has a density of
The crew consists of two working foreman, eight laborers, and three equipment operators equipment includes a paver, a tandem roller, and a pneumatic roller The average base cost for the crew is $ per laborhour
Shift work rates are hours at and a differential
Assume no productivity drop
The second shift requires an extra cost of $day for lighting
The government estimates an opportunity cost of $day for every day the highway is under construction.
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