a feasibility study is an assessment of the practicality of a proposed project or system. a feasibility study aims to objectively and rationally uncover the strengths and weaknesses of an existing business or proposed venture, opportunities and threats present in the natural environment, the resources required to carry through, and ultimately the prospects for success.
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the cost of a feasibility study can vary greatly depending on the depth and breadth of the study. a high quality, in-depth study can cost as much as $100,000, although the cost is usually significantly less. when selecting a consultant for a feasibility study, it is often recommended that you send a request for proposals (rfp) to prospective
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as a percentage of the underlying project budget, a good rule of thumb is the larger the project, the lower the price of the feasibility study. for example, a feasibility study for a $250,000 nail salon might cost $6,000 (2.4%), whereas a feasibility study for a $50 million real estate development might cost $100,000 (0.2%).
when in doubt, the safest course of action is to do the feasibility study. the cost of not doing a feasibility study and failing is far, far higher than the cost of doing the study and deciding not to move forward with a project. (don’t) do it yourself. bias is a funny thing. designers, engineers, inventors, and ceos get attached to their own
- clients and the analysts must evaluate the results of the feasibility study and make decisions together based on the results cost-benefit analysis - the process of isolating and estimating costs and benefits - in order to do a cost-benefit analysis, two sides of the ledger must be considered - system costs-benefits from the system
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Environmental Protection and Health One
LUM is of little dust and noise, achieving Environmental Protection Request, it is quite environmentally friendly
To Improve the Purity Two
Low investment cost: LUM use PLC/DCS automatic control system, well save the cost of operators.
High Efficiency Three
LUM has excellent grinding-efficiency for the special design of roller shell and grinding plate curve.
Low Cost Four
Utilize advanced working principle and reduce the grinding time, as a result, the final products has little iron and the whiteness and purity are raised.