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Using the information provided in the lecture slides, determine the adjusted Bare Module Cost for a PROCESS FURNACE. Your final answer should be in Canadian

Using the information provided in the lecture slides, determine the adjusted Bare Module Cost for a PROCESS FURNACE.
Your final answer should be in Canadian dollars, based on the July 2016 Nelson-Farrar index and assuming an exchange rate of 1 USD =1.37 CAD.
Use the following design parameters:
Absorbed Duty =30 million Btu/hr
Design Type = Process Heater
Radiant Tube Material = Stainless
Design Pressure =2000 psi
This question will be auto-graded out of 7 based on your final answer, but part marks may be earned by showing the following in your submitted work (please put a box or circle around these values in your hand calculations, submitted to the separate D2L drop-box provided):
1968 USD Base cost
July 2016 USD Base cost
July 2016 CAD Base cost
July 2016 CAD Adjusted base cost
Indicate which BMC factor value you selected
July 2016 CAD Unadjusted Bare Module Cost
July 2016 CAD Adjusted Bare Module Cost

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