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Marshall & Swift Equipment Cost Index was created to make comparisons between two former quarters or years. Index comparisons are developed by dividing the index for the date for which a cost is desired by the index for the date of the known cost and multiplying the resulting factor by the known cost. The Marshall & Swift Equipment Cost Indexes are based …
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marshall and swift index mining milling. The NCSU Libraries is the gateway to knowledge for the North Carolina State University community and partners. More Info. COST ESTIMATION. COST ESTIMATION Cost Indexes Present Cost=(original cost at time t)* • Marshall and Swift 1 All industry-equipment indexArithmetic average of 47.
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Mining 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 ...
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