Relative Scale up Installed Cost Scale up

Item Capacity Purchase Cost Purchase Year Factor Factor Cost Index Multiplier Cost Modifier Updated Cost
Compressor 120 $900,000 2007 0.7 2.5 520 0.880183 1.471154 $1,165,396.55
Condenser 80 $250,000 2010 0.8 3.5 644 1.195441 1.187888 $ 355,012.45
Accumulator 100 $180,000 2008 0.6 4.0 560 1 1.366071 $ 245,892.86
Economiser 75 $60,000 2009 0.6 4.0 605 1.188402 1.264463 $ 90,161.38
Suction Drum 200 $75,000 2008 0.6 4.0 560 0.659754 1.366071 $ 67,595.33

1. Capex Estimation
Using Microsoft Excel the capital cost for the supply and installation of the refrigeration is calculated.

Scale up Factor
Duty Value
ScaleUp Multiplier=
Relative Capacity

Plant Cost Index Value for 2015

Cost Modifier=
Cost Index Value for year price given

Updated Cost =Purchase Cost ×Cost Modifier × Scale up Factor Duty

Value
Item Quantit Updated Installed Installed Cost 100
y Cost Cost Factor
Compressor 1 $1,165,396.5 2.5 $2,913,491.3
5 8
Condenser 1 $355,012.45 3.5 $1,242,543.5
8
Acculmulator 1 $245,892.86 4.0 $983,571.43
Plant Cost Index
Economiser 1 $90,161.38 4.0 $360,645.52
Values
Suction Drum 2 $67,595.33 4.0 $540,762.62
2007 520
Total $6,041,014.5
2008 560
3
2009 605
Indirect Costs
$1,510,253.6 2010 644
3 2011 670
Direct + Indirect Costs 2012 700
2013 728
2014 750
2015 765
 $7,551,268.1
6
Contingency Included
$8,306,394.9
8

Contingency Included=1.10 ×(Direct + Indirect Costs)