If a 1,550 CFM dust collector system with cloth filter was purchased for $1,413 and the...
If a 1,550 CFM dust collector system with cloth filter was purchased for $1,413 and the exponent in the cost capacity equation has a value of 0.68, then a 2,817 CFM dust collector system could be expected to cost what amount?
Please show all formulas used.
Homework Answers
Cost of the new dust collector system = (capacity of new system / capacity of old system)^0.68 * Cost of old system
= (2817 / 1550)^0.68 * 1413
= 1.501168 * 1413
= 2121.15
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