You've been asked to evaluate the financial merit of a proposed project to build a new high- temperature cracker unit inside your plant. a) The ISBL cost has been estimated as $5MM. Provide an estimate for the total fixed capital cost of this project based on methods covered in class, including values calculated for the OSBL, design & engineering, & contingency costs.

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
icon
Related questions
Question
You've been asked to evaluate the financial merit of a proposed project to build a new high-
temperature cracker unit inside your plant.
a) The ISBL cost has been estimated as $5MM. Provide an estimate for the total fixed capital cost
of this project based on methods covered in class, including values calculated for the OSBL, design
& engineering, & contingency costs.
Transcribed Image Text:You've been asked to evaluate the financial merit of a proposed project to build a new high- temperature cracker unit inside your plant. a) The ISBL cost has been estimated as $5MM. Provide an estimate for the total fixed capital cost of this project based on methods covered in class, including values calculated for the OSBL, design & engineering, & contingency costs.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Introduction to Chemical Engineering Thermodynami…
Introduction to Chemical Engineering Thermodynami…
Chemical Engineering
ISBN:
9781259696527
Author:
J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:
McGraw-Hill Education
Elementary Principles of Chemical Processes, Bind…
Elementary Principles of Chemical Processes, Bind…
Chemical Engineering
ISBN:
9781118431221
Author:
Richard M. Felder, Ronald W. Rousseau, Lisa G. Bullard
Publisher:
WILEY
Elements of Chemical Reaction Engineering (5th Ed…
Elements of Chemical Reaction Engineering (5th Ed…
Chemical Engineering
ISBN:
9780133887518
Author:
H. Scott Fogler
Publisher:
Prentice Hall
Process Dynamics and Control, 4e
Process Dynamics and Control, 4e
Chemical Engineering
ISBN:
9781119285915
Author:
Seborg
Publisher:
WILEY
Industrial Plastics: Theory and Applications
Industrial Plastics: Theory and Applications
Chemical Engineering
ISBN:
9781285061238
Author:
Lokensgard, Erik
Publisher:
Delmar Cengage Learning
Unit Operations of Chemical Engineering
Unit Operations of Chemical Engineering
Chemical Engineering
ISBN:
9780072848236
Author:
Warren McCabe, Julian C. Smith, Peter Harriott
Publisher:
McGraw-Hill Companies, The