📊 Chemical Engineering Plant Economics
Q. 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 × (index value at present/ index value at time original cost was obtained). The most major component of this cost index is
  • (A) Fabricated equipment and machinery
  • (B) Process instruments and control
  • (C) Pumps and compressor
  • (D) Electrical equipments and material
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✅ Correct Answer: (A) Fabricated equipment and machinery

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