Q1/The purchased installation costs of some pieces of equipment are given as a function of weight rather than capacity. The 1980 cost for an installed aluminum tank weighing 100,000 Ib was $390,000. know that, the installed cost-weight exponent for aluminum tanks is 0.93. If an aluminum tank weighing 700,000lb is required what will be the Purchased equipment installation cost? what is the fixed capital investment needed? (use the table for fixed capital investment) Table (2) Typical percentages of fixed-capital investment values for direct and indirect cost Chemical Engineering Economics Lecturer Mr. Zaid Shareef Third Stage Chemical Engineering Dep. Q1/The purchased installation costs of some pieces of equipment are given as a function of weight rather than capacity. The 1980 cost for an installed aluminum tank weighing 100,000 Ib was $390,000. know that, the installed cost-weight exponent for aluminum tanks is 0.93. If an aluminum tank weighing 700,000lb is required what will be the Purchased equipment installation cost? what is the fixed capital investment needed? (use the table for fixed capital investment) Table (2) Typical percentages of fixed-capital investment values for direct and indirect cost Chemical Engineering Economics Lecturer Mr. Zaid Shareef Third Stage Chemical Engineering Dep