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So let’s take that average-sized robot operating at 75 cents an hour. If you project that over the life of the project, which might be 8, 10 or 15 years, much of the cost savings results from not needing a higher-paid, manual laborer. And many times that’s $15 to $20 an hour versus 75 cents an hour.”. Positive Cash Flow.
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PROJECT COST ESTIMATION:- In case EPC : Metal Contents of Big Plant( Piping & Structure) & Machinery also counted with standard turned over to standard Conversion:- cost loaded 15 % to 50 %
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PDF | This paper provides a detailed review of the state of the art in product cost estimation covering various techniques and methodologies developed... | Find, read and cite all the research you
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•Be realistic about fuel costs •Fuel supply quality should be closely monitored by plant operators with authority to reject loads •Warranties should cover motors, drivers, controllers, and as many moving parts as possible, regardless of multiple vendors •Clean fuel and machinery maintenance will determine system performance
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Hence, the cost estimation of a rehabilitation project may also involve capital and operating costs. While deferring the discussion of the economic evaluation of constructed facilities to Chapter 6, it is sufficient to point out that the stream of operating costs over time represents a series of costs at different time periods which have different values with respect to the present.
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