|
|
|
|
|
|
|
|
 |
||
|
 |
|
Miner's Toolbox |
| Cost Estimation |
| Cost Indexes |
Engineering cost indexes are a way of comparing a cost or quote obtained for a product or service in one year to the cost in anther year. For example if you have a quote for a haul truck in September, 1997 and you would like to know the cost in January, 2000, the calculation would be: Cost (01/2000)= Cost (09/1997)*Index (01/2000)/Index(09/1997) South African Plant Cost Index
|