Chemical Engineering Plant Economics
For a given fluid, as the pipe diameter increases, the pumping cost

Decreases
May increase or decrease, depending upon whether the fluid is Newtonian or non-Newtonian
Remains the same
Increases

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Chemical Engineering Plant Economics
Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it?

Equipment insulation cost
Cost for piping
Equipment installation cost
Electrical installation cost

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