Chemical Engineering Plant Economics
Optimum economic pipe diameter for fluid is determined by the

Total cost considerations (pumping cost plus fixed cost of the pipe)
Viscosity of the fluid
Density of the fluid
None of these

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Chemical Engineering Plant Economics
Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it?

Equipment installation cost
Cost for piping
Equipment insulation cost
Electrical installation cost

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