In making a screening estimate of an industrial plant for the production of batteries, an empirical formula
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Question:
In making a screening estimate of an industrial plant for the production of batteries, an empirical formula based on data of a similar buildings completed before 1987 was proposed:
C = (16,000)(Q + 50,000)1/2
where Q is the daily production capacity of batteries and C is the cost of the building in 1987 dollars. If a similar plant is planned for a daily production capacity of 200,000 batteries, find the screening estimate of the building in 1987 dollars.
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