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You Are Trying to Estimate the Annual Cost of Setting

question 17

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You are trying to estimate the annual cost of setting up a branch of a manufacturing business in Vancouver, based on your experience of running a similar business in Halifax. The original business produces 800 units per year, whereas the Vancouver branch will produce 1 700. If the cost of setting up the Halifax operation was $9 000 000 and the capacity factor is 0.6, give an order of magnitude estimate for the cost of setting up the Vancouver operation.

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Definitions:

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, and surroundings.

Scientific Inquiry

The process of asking questions and conducting investigations and experiments to discover truths and facts about the natural world.

Universal Mental Characteristics

Fundamental cognitive and emotional traits that are believed to be shared among all humans regardless of culture or background.

Evolutionary

Pertaining to the process of evolution; dealing with how organisms develop and change over time according to natural selection and genetic variation.

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