Rachel has been asked to estimate the cost today of a 2500-ft 2 heat exchange system for
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Question:
Rachel has been asked to estimate the cost today of a 2500-ft2 heat exchange system for the new plant being analyzed. She has the following data.
Her company paid $60,000 for a 1000-ft2 heat exchanger 5 years ago.
Heat exchangers with this range capacity have a power-sizing component (x) of 0.52.
Five years ago, the Heat Exchanger Cost Index (HECI) was 1250; it is 1523 today.
What would Mirian's cost estimate for the 2500-ft2 Heat Exchanger today be?
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