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Marshall Swift Equipment Cost Index Diagram

COST ESTIMATION Cost Indexes Present Costoriginal cost at time t Marshall and Swift 1 All industryequipment index Arithmetic average of 47 equipment types 2 Processindustry equipment index Weighted average of 8 of these cement 2 paint 5 chemicals 48 paper 10 clay products 2 petroleum 22 glass 3 rubber 8 MampS was 100 in 1926

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