In 2002 Acme Chemical purchased a large pump for
$112,000. Acme keys their cost estimating for...
Engineering, 03.06.2020 12:57 smart1212
In 2002 Acme Chemical purchased a large pump for
$112,000. Acme keys their cost estimating for these
pumps to the industrial pump index, with a baseline of
100 established in 1992. The index in 2002 was 212.
Acme is now (2010) considering construction of a nev
addition and must estimate the cost of the same type
and size of pump. If the industrial pump index is
currently 286, what is the estimated cost of the new
pump?
Answers: 3
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