Question
Flood water has damaged the engineering records section of a local library, where several books, including one that contained historical engineering equipment cost indexes, have
Flood water has damaged the engineering records section of a local library, where several books, including one that contained historical engineering equipment cost indexes, have had water damage. As a library volunteer and engineering student you have been asked to fill in a missing value in a specific equipment cost table from 50 years ago. The equipment with missing data had a speed of 500 ft-sec. You are able to find the following data to support your analysis: 2,000 ft-sec. equipment can be purchased today $100,000, and this equipment has a power-size value of 0.75. The cost paid 50 years ago for the 500 ft-sec. machine was $8,500 and the index value today is 1,222. What is the missing value in the table?
Hi, there have been comments about a missing table, this is all the information provided in the problem which is why I have been struggling visualizing it. Thank you.
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