Chemical Engineering Plant Economics
Factory manufacturing cost is the sum of the direct production cost

And plant overhead cost
Plant overhead cost and administrative expenses
None of these
Fixed charges and plant overhead cost

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Chemical Engineering Plant Economics
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 x (index value/(index value at original cost was obtained)The most major component of this cost index is

Process instruments and control
Fabricated equipment and machinery
Electrical equipments and material
Pumps and compressor

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