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Question 6 15 pts 2000-gallon metal tank to store hazardous materials was bought 5 years ago at cost of $50,000. If a 5,000-g
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Answer #1

Answer -

0.60 is the right answer.

Ignoring the effect of inflation over this 5-year period, we are told that

Price of 5000 gallon tank / Price of 2000 gallon tank = (5000/2000)^power sizing exponent

= 86643/50000 = 2.5^power sizing exponent

Lests assume the give choice

1.73286 = 2.5^0.60

Hence Power sizing exponent = 0.60

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