Determining building effort-design work and testing effort

Reference no: EM1314023

Q1) Equipment installed group at globes enterprises is about to create cost estimate to find out how much it will cost to install the backup generator at the government laboratory facility.ver years, this group has performed more than 100 such installations and has developed the database reflecting past experience. Data on distribution of cost for building effort, design work and testing effort is given in table below:

	Cheapest ($/%)	Usual ($/%)	Expensive($/%)
Design	9000/30	10000/40	12000/30
Build	60000/20	70000/60	80000/20
Test	18000/20	20000/50	24000/30
The data in the table picture the cost of an effort and the percentage of times this cost is achieved for example, 30% of the time ,design cost $9000;40% of the time it cost $10,000;30% of the time it cost $12,000

00	16	45	84	18
83	28	82	36	91
95	14	80	68	34
54	55	13	20	70
57	68	61	37	30
09	81	24	55	21

On average, how much does it cost to perform this project?

Reference no: EM1314023

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