Exhibit 8.2 The Following Questions Pertain to the Problem and Spreadsheet Below

question 4

Short Answer

Exhibit 8.2
The following questions pertain to the problem and spreadsheet below.
A construction company just purchased a 300 × 300 foot lot upon which they plan to build an office building. They need at least 60,000 ft² of office floor space. Zoning regulations require each floor be 10 feet high and the building not exceed 65 ft in height. Further, parking space must equal at least 30% of the total floor space available. The company's cost accountant uses a 60% factor of the building height and a 1% factor of any story's floor area to calculate the total building cost (in millions of dollars).
The following is the NLP formulation for the problem. The spreadsheet implementation of this formulation applies to the following questions.
-Refer to Exhibit 8.2. What formula would you place into cell B5 to calculate Total Floor Area?

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Definitions:

Desired Answer

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Closed-Ended Question

A type of question that limits the respondents' answer to a set of choices.

Closed-Ended Question

refers to a question format that limits respondents to a set of predefined answers, typically "yes" or "no."

Simple Answer

A straightforward, clear, and concise response or solution to a question or problem.