How to Calculate Cost Index given Minimum Design Index?
Cost Index given Minimum Design Index calculator uses Cost Index = ((Minimum Design Index*100)-(Weight Index*Weight Priority (%))-(Period Index*Period Priority (%)))/Cost Priority (%) to calculate the Cost Index, The Cost Index given Minimum Design Index formula is defined as the minimum design index multiplied by 100 and subtracted by weight and period share whole divided by the priority of cost object. Cost Index is denoted by CI symbol.
How to calculate Cost Index given Minimum Design Index using this online calculator? To use this online calculator for Cost Index given Minimum Design Index, enter Minimum Design Index (DImin), Weight Index (WI), Weight Priority (%) (Pw), Period Index (TI), Period Priority (%) (Pt) & Cost Priority (%) (Pc) and hit the calculate button. Here is how the Cost Index given Minimum Design Index calculation can be explained with given input values -> 1329.377 = ((160*100)-(50.98*15.1)-(95*19))/10.11.