1. 11.14 A construction cost index identified as CCX measures the construction cost in each state as...
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1. 11.14 A construction cost index identified as CCX measures the construction cost in each state as a percentage of the national average. From historical data, you discover that the national average construction cost of middle schools is $10,200 per student.
(a) If the CCX index for Texas is 0.721, what is the estimated cost of an 800-student school?
(b) What is the CCX index for California if an 800-student school cost $9,114,000?
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Related Book For
Basics Of Engineering Economy
ISBN: 9781259683312
3rd Edition
Authors: Leland T. Blank, Anthony Tarquin
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