Question: b 25. Equipment cost estimation (7 points) Chapter 7, problem 10 in Turton's book (4th edition). 10. A process vessel was purchased in the United

b
b 25. Equipment cost estimation (7 points) Chapter 7, problem 10 in

25. Equipment cost estimation (7 points) Chapter 7, problem 10 in Turton's book (4th edition). 10. A process vessel was purchased in the United Kingdom for our plant in the United States in 1993. A similar vessel, but of different capacity, was purchased in 1998. From the data given below, estimate the cost in U.S.S of awessel of 120 m capacity purchased today (assume the current CEPCI - 582). Vessel Capacity Purchased Cost Date (m') (Pounds Sterling = ) Exchange Rate 1993 75 7,800 $1.40/E 1998 155 13,800 $1.65/E 2007 120 $2.00/ * 25. Equipment cost estimation (7 points) Chapter 7, problem 10 in Turton's book (4th edition). 10. A process vessel was purchased in the United Kingdom for our plant in the United States in 1993. A similar vessel, but of different capacity, was purchased in 1998. From the data given below, estimate the cost in U.S.S of awessel of 120 m capacity purchased today (assume the current CEPCI - 582). Vessel Capacity Purchased Cost Date (m') (Pounds Sterling = ) Exchange Rate 1993 75 7,800 $1.40/E 1998 155 13,800 $1.65/E 2007 120 $2.00/ *

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Chemical Engineering Questions!