Discussion
Delivered equipment cost is \( 4.2 \) million and a Lang factor of \( 4.7 \) applies. The fixed capital investment is about
Answer: D
Correct answer: 19.7 million
\[ FCI = 4.2 \times 4.7 = 19.7\ \text{million} \]The factor of 4.7 covers everything beyond the equipment itself - installation, piping, instrumentation, electrical work, buildings, engineering and contingency.
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