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It is widely used in industrial engineering to calculate the capital and operating costs of a plant. [1] [2] [3] The factors were introduced by H. J. Lang and Dr Micheal Bird in Chemical Engineering magazine in 1947 as a method for estimating the total installation cost for plants and equipment.
A cost estimator will typically use estimating software to estimate their bid price for a project, which will ultimately become part of a resulting construction contract. Some architects, engineers, construction managers, and others may also use cost estimating software to prepare cost estimates for purposes other than bidding such as budgeting ...
A pivot table in BOEMax, a Basis of Estimate software package. To create a BOE companies, throughout the past few decades, have used spreadsheet programs and skilled cost analysts to enter thousands of lines of data and create complex algorithms to calculate the costs. These positions require a high level of skill to ensure accuracy and ...
An energy savings calculator (usually a spreadsheet analysis) is used to estimate the energy savings and resulting energy rebate based on the initial 12-month installation period of IT equipment. The energy savings calculator may be provided by the local utility, an energy certification partner, or by the customer.
A baseboard differs from a wainscot; a wainscot typically covers from the floor to around 1-1.5 metres (3' to 5') high (waist or chest height), whereas a baseboard is typically under 0.2 metres (8") high (ankle height). Plastic baseboard comes in various plastic compounds, the most common of which is UPVC.
A survey by the National Institute on Retirement Security echoes that sentiment, with 87% of respondents concerned about rising costs, and 66% worried about increasing healthcare costs in retirement.
A drawback is the installation cost, which can be slightly higher than traditional HVAC systems. Energy efficiency can be improved even more in central heating systems by introducing zoned heating. This allows a more granular application of heat, similar to non-central heating systems. Zones are controlled by multiple thermostats.
Carpentry is a skilled trade and a craft in which the primary work performed is the cutting, shaping and installation of building materials during the construction of buildings, ships, timber bridges, concrete formwork, etc. Carpenters traditionally worked with natural wood and did rougher work such as framing, but today many other materials ...