Chemical Engineering Plant Economics
Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known.The present cost of the plant = original cost x (index value/(index value at original cost was obtained)The most major component of this cost index is_____.
- A. Fabricated equipment and machinery
- B. Process instruments and control
- C. Pumps and compressor
- D. Electrical equipments and material