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Economic A warehouse was built in 2017 for a cost of $1,052,540. A proposal to build a warehouse in 2023 is being considered. This new

Economic

A warehouse was built in 2017 for a cost of $1,052,540. A proposal to build a warehouse in 2023 is being considered. This new warehouse will have 15% less floor space than the one built in 2017. Use the following information to estimate the cost of the new warehouse. a. Cost-capacity factor is 0.36. b. Index value in 2017 is 130. c. Index value for 2023 is 254.

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