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Schedule A-1: (Source: Plant Design and Economics For Chemical Engineers by Timmerhaus, Et - Al. Figure 14-33 P. 690)
Schedule A-1: (Source: Plant Design and Economics For Chemical Engineers by Timmerhaus, Et - Al. Figure 14-33 P. 690)
Equipment
: EVAPORATOR
Equipment Code
: E-1
Type
Material of Construction
Present Cost
For Vertical Tube Evaporator:
Using Linear Regression:
Purchased cost of Vertical Tube Single-Effect Evaporator (2002) = $54,608.48
Material Adjustment Factor for Stainless Steel = 2.1
(Source: Plant Design and Economics for Chemical Engineers by Timmerhaus, et.al.; Figure
14-33; p. 690)
Time-Correction Factor:
Plant Cost Index (2002) = 390.4
Plant Cost Index (2016) = 556.8.
(Source: Plant Design and Economics for Chemical Engineers by Timmerhaus, et.al.; Table
6-2; p. 238)
556.8
Present Cost 2016 = $ 54,608.48 ( 2.1 ) 390.4 =$ 163,556.87
= $ 163,556.87
( PhpUS47.7334
$1 )
= Php 7,807,125.68