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The change in cost of built-up facilities with the change in size of the project of similar type is known as

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The change in cost of built-up facilities with the change in size of the project of similar type is known as
1). Time reference cost estimate
2). Cost capacity factor
3). Life cycle cost
4). Unit cost estimate


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Cost capacity factor

The factor that accommodate the change in cost of built-up facilities with the change in size of the project of similar type is called as cost capacity factor.

If C1 and C2 be the cost of facilities to be built and old facilities and their size be Q1 and Q2 respectively. Then the cost of the new facility is calculated as

$({C_1} = {C_2}{\left( {\frac{{{Q_1}}}{{{Q_2}}}} \right)^x})$

where x is called the capacity factor.

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