Question
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 at present/index value at the time original cost was obtained)
The most major component of this cost index is
The present cost of the plant = original cost x (index value at present/index value at the time original cost was obtained)
The most major component of this cost index is
Answer: Option A
Answer: (a).fabricated equipment and machinery.
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Answer: (a).fabricated equipment and machinery.
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