Estimate the cost in 2018 of a 1000-horsepower steam turbine air compressor if a 200-horsepower unit costs
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Estimate the cost in 2018 of a 1000-horsepower steam turbine air compressor if a 200-horsepower unit costs $160,000 in 1999. The exponent in the cost capacity equation is 0.35 and the equipment cost index increased by 35% over that time period.
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