When estimating rental equipment costs for an electrical project, it is sufficient to add up the total task hours requiring that equipment and multiply by the hourly rental rate.

An estimator calculates that a project requires exactly 80 hours (two work weeks) of using an aerial lift. The overall project spans three months, with 40 lift hours scheduled in week 1 and the remaining 40 hours scheduled in week 12. In this context, how does performing an "electrical plant balance" help the estimator?

As an estimator, you are performing a plant balance review on an upcoming electrical project. Match each aerial lift scheduling scenario with the most appropriate estimating action.

An estimator is conducting an electrical plant balance to determine the true cost of renting an aerial lift for a commercial project. Analyze the decision-making process by arranging the following steps in the logical order required to complete this evaluation.

As an electrical contractor reviewing a bid for a three-month project, you discover the estimator calculated the aerial lift cost by simply multiplying 80 total task hours by the rental rate. Since the lift is only required during the first and last weeks of the project, you must reject this approach. To perform a proper plant balance and find the true lowest cost, you must evaluate whether it is cheaper to pay rent while the lift sits idle on site for two months, or to return the lift and pay for a second ____.