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Estimate the cost for the owner

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1. An owner is thinking about building a 35,000 seat stadium. He has data from another stadium being built that shows that it is costing about $11.8 million for a similar stadium that seat will seat 42,000 people. Estimate the cost for the owner.

2. A process plant is going to be built that will have a capacity of 28,000 barrels per day. An identical process plant is being built for $28 million dollars with a capacity of 20,000 barrels. If the scale of operations constant (cost capacity factor) is 0.6 for this process, what would you estimate the cost to be?

Reference no: EM13893829

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