Lang factor method Uses delivered equipment cost as a base and applies

Lang factor method uses delivered equipment cost as a

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Lang factor method Uses delivered equipment cost as a base and applies multiplication factors depending upon the phases of material processed. Total Capital Cost= Lang Factor x Delivered Equipment Cost Type of Process Example 1948 1968 1980 1991 Solid Coal briquetting plant 3.10 3.9 Solid-Fluid A shale oil plant 3.63 4.1 Fluid An oil refinery 4.74 4.8 Multiple Factor Methods A. HAND B. WROTH Percentage of Equipment Methods A. CHILTON B. HAPPEL C. PETERS AND TIMMERHAUS Modular Methods A. HIRSCH AND GLAZIER B. GUTHRIE
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Total Installed Module Cost (TIC)= BC [ F m + F lab ]
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