QUESTION 4
A small textile plant was constructed in 2008. The major equipment, costs, and factors are shown in the table below.
| Equipment | Reference Size | Reference Cost | Cost-Capacity Factor | New Design Size |
|---|---|---|---|---|
| Finishing machine | 150yd//min | $985,000 | 0.82 | 200yd//min |
| Jet dyer | 200yd//min | $1,230,000 | 0.77 | 450yd//min |
| Steam dyer | 100yd//min | $820,000 | 0.69 | 175yd//min |
Estimate the cost (in dollars) to build a new plant in 2018 if the index for this type of equipment has increased at an average rate of 3 % per year for the past 10 years. (Enter your answer as a number without the dollar $ sign.)
C = c (Q/q)n
C = Cost of new design equipment
c = Cost of old equipment
Q = Size of new equipment
q = size of old equipment
n = Cost capacity factor
1) c = 985000
q = 150 yd/min
Q = 200 yd / min
n = 0.82
C = 985000(200/150)0.82
C = 1247056.11$
| Equipment | q (yd/min) | c($) | n | Q(yd/min) | C = c (Q/q)n |
| FLYING MACHINE | 150 | 985000 | 0.82 | 200 | 1247056.11 |
| Jet dyer | 200 | 1230000 | 0.77 | 450 | 2296601.53 |
| Steam dyer | 100 | 820000 | 0.69 | 175 | 1206452.16 |
Estimate the cost (in dollars) to build a new plant in 2018 if the index for this type of equipment has increased at an average rate of 3 % per year for the past 10 years
QUESTION 3 A small textile plant was constructed in 2008. The major equipment, costs, and factors are shown in the table below. EquipmentReference SizeReference CostCost-Capacity FactorNew Design SizeFinishing machine150yd//min$930,0000.8200yd//minJet dyer200yd//min$1,160,0000.75450yd//minSteam dyer100yd//min$770,0000.67175yd//minEstimate the cost (in dollars) to build a new plant in 2018 if the index for this type of equipment has increased at an average rate of 1 9% per year for the past 10 years. (Enter your answer as a number without the dollar $ sign.)