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1. |
Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost × (index value at present/ index value at time original cost was obtained). The most major component of this cost index is |
A. | Fabricated equipment and machinery |
B. | Process instruments and control |
C. | Pumps and compressor |
D. | Electrical equipments and material |
Answer» B. Process instruments and control | |