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1. You are planning to purchase a new compressor for your plant and have received a quote of $200,000 for a 1250 kW compressor. Suppose

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1. You are planning to purchase a new compressor for your plant and have received a quote of $200,000 for a 1250 kW compressor. Suppose that you company purchase the following compressors in the past: a 1500 kW compressor for $147,800 in 1988 and a 500 kW compressor for $72,360 in 1994. What is your evaluation of the quote you received for the new compressor? You can assume that the CEPCI today is 620

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