Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Computer Science Posted 28 Aug 2017 My Price 5.00

tank farm.

 

A chemical engineer is considering two sizes of pipes, small (S) and large (L), for moving distillate from a refinery to the tank farm. A small pipeline will cost less to purchase (including valves and  other appurtenances) but will have a high head loss   and, therefore, a higher pumping cost. In writing the report, the engineer compared the alternatives   based on future worth values, but the company  president wants the costs expressed as present dollars.

Determine present worth values if future  worth values are FWS = $2.3 million and FWL =  $2.5 million. The company uses a real interest rate  of 1% per month and an inflation rate of 0.4% per month. Assume the future worth values were for a 10-year project period.

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Maurice Tutor
(5)
Status NEW Posted 28 Aug 2017 03:08 PM My Price 5.00

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