Example of Arithmetic Gradient Uniform Series cost of a specific item is

# Example of arithmetic gradient uniform series cost of

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Example of Arithmetic Gradient Uniform Series cost of a specific item is expected to increase by \$500 each year. If the increase or decrease amount is a constant % amount, then the series is called as Geometric Gradient Uniform Series. E.g. +10%, -10% etc. Example of Geometric Gradient Uniform Series maintenance costs are expected to increase by 5% each year. 16 IE 492 Engineering Economics

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GRADIENT SERIES FACTOR FORMULA & NOTATION Arithmetic Gradient Uniform Series Factor (A/G) A = G * (A/G,i%,n) A = G * [(1/i) (n/((1+i) n 1))] Arithmetic Gradient Present Worth Factor (P/G) P = G * (P/G,i%,n) P = G * [((1+i) n (i*n) 1)/(i 2 * (1+i) n )] Arithmetic Gradient Future Worth Factor (F/G) F = G * (F/G,i%,n) F = G * [(1/i) * ((((1+i) n -1)/i)-n)] 17 IE 492 Engineering Economics
• Summer '16

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