Equipment necessary to manufacture adjustable ball-lock pins for pulling two components together had a cost of $185,000 when the FRED Equipment Cost Index was 210.0. What was the estimated cost of a similar system in 2015 when the index value was 245.9?
What will be an ideal response?
Cost = 185,000(245.9/210.0) = $216,626
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A key principle in understanding and motivating employees is that ________.
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Indicate whether the statement is true or false