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Capital Cost Estimation in Engineering by Krishna Jaiswal is a document available to read on EtoBox.
Okay, here are the steps to solve this problem: 1) Given: Capital cost of 30,000 metric ton/year isopropanol plant in 1986 was $100 million 2) CEPCI in 1986 was 318 CEPCI in 2020 is 590 3) Use the CEPCI to escalate the capital cost from 1986 to 2020: Escalated cost = Original cost x (CEPCI2020/CEPCI1986) = $100 million x (590/318) = $100 million x 1.856 = $185.6 million 4) Therefore, the estimated capital cost of the same 30,000 metric ton/year isopropanol plant if constructed in 2020 usin
- Author
- Krishna Jaiswal
- Language
- EN