If the PCI editor at Chemical Engineering (CE) decides to update the Plant Cost Index so that

Question:

If the PCI editor at Chemical Engineering (CE) decides to update the Plant Cost Index so that the year 2010 has a base value of 100 instead of the current value of 550.8, determine the PCI values for 2014 and for 2015. Use Table 15€“3 as a reference point.

Table 15-3

Pumps, Compressors, and Equipment Index (1982 = 100) CE Plant Cost Consumer Price Index (CPI) (1982-84 = 100) Index (CEP