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Today a proposed community college is estimated to cost ?$34.2 ?million, which is ?$133 per square foot of space multiplied by 257,350 square feet. If construction costs are expected to increase by 11?% per year because of high demand for construction labor and? materials, how much would a 326,000?-square-foot community college cost seven years from? now? The cost capacity factor is 1.01.

Operation Management, Management Studies

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