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Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
Edition 7ISBN: 978-0073376301 Exercise 63
The equipment cost for a 10 gallon per minute farm-scale ethanol fuel production plant is $243,000. The direct cost factor for construction is 1.28 and for installation is 0.23. The indirect cost factor for licenses, insurance, etc. is 0.84 (applied to total direct cost). Determine the estimated total plant cost.
Explanation
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The formula to calculate total plant cos...
Engineering Economy 7th Edition by Leland Blank ,Anthony Tarquin
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