According to the 2010 census, Minonk has a total area of 2.42 square miles (6.27 km2), all land. At the 2000 census, there were 2,168 people, 841 households and 587 families residing in the city. The population density was 1,587.6 per square mile (611.0/kmÂ²).
Sample direct cost components: first costs and its elements (P); annual costs (AOC or M&O); salvage/market value (S) Approaches: bottom-up; design-to-cost (top down) Accuracy: feasibility stage through detailed design estimates require more exacting estimates Some techniques: unit; factor; cost estimating relations (CER) Different Approaches to Cost ...
The actual cost estimation method is one of the four general cost estimation methods. This method uses the actual cost of the previous production lot adjusted for inflation, labor saving, material cost, technology changes and other factors. It generally comes at the end of the developmental cycle.