Engineering Economics
The construction manager uses the estimate of the project

To tell the owner of the project to take his/her financial decision
To develop bids on the project
To control the project during its construction
All of these

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Engineering Economics
The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now?

12 months
10 months
13 months
11 months

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