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A petrochemical company hired you as a consultant to determine the size of a storage tank purchased in the year 1988. Many records regarding past purchases were lost because of fire in the management building back in 1994. Luckily, a senior engineer of the company

A petrochemical company hired you as a consultant to determine the size of a storage tank purchased in the year 1988. Many records regarding past purchases were lost because of fire in the management building back in 1994. Luckily, a senior engineer of the company

Introduction to Chemical Engineering Thermodynamics
Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
Problem 1.1P
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A petrochemical company hired you as a consultant to determine the size of a storage tank (a) purchased in the year 1988. Many records regarding past purchases were lost because of fire in the management building back in 1994. Luckily, a senior engineer of the company remembers that the tank was replaced every 10 years, and the sizes have changed due to plant capacity changes. The information given by the senior engineer is listed in Table 4.1. Estimate the original capacity of the tank. Table 4.1 Details on past storage tanks given by the senior engineer Tank Capacity (1000 m3) Purchased Cost (RM) 123,900 158,550 159,250 Year 1988 ? 1998 105 2008 85
Transcribed Image Text:A petrochemical company hired you as a consultant to determine the size of a storage tank (a) purchased in the year 1988. Many records regarding past purchases were lost because of fire in the management building back in 1994. Luckily, a senior engineer of the company remembers that the tank was replaced every 10 years, and the sizes have changed due to plant capacity changes. The information given by the senior engineer is listed in Table 4.1. Estimate the original capacity of the tank. Table 4.1 Details on past storage tanks given by the senior engineer Tank Capacity (1000 m3) Purchased Cost (RM) 123,900 158,550 159,250 Year 1988 ? 1998 105 2008 85
Given: Chemical Engineering Plant Cost Index (CEPCI) Annual Index 1988 342.5 1998 389.5 2008 575.4
Transcribed Image Text:Given: Chemical Engineering Plant Cost Index (CEPCI) Annual Index 1988 342.5 1998 389.5 2008 575.4
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