An oil refinery is willing to install a 60,000-lb/hour pump for $325,000 in 2020 when the pump index had a value of 500. The refinery must also install another pump of the same size in 2024. Economic data shows that the pump index is forecast to rise by 5% annually. What is the approximate cost of the new pump in 2024? In Ck Ik (4). Cn :

An oil refinery is willing to install a 60,000-lb/hour pump for $325,000 in 2020 when the pump index had a value of 500. The refinery must also install another pump of the same size in 2024. Economic data shows that the pump index is forecast to rise by 5% annually. What is the approximate cost of the new pump in 2024? In Ck Ik (4). Cn :

Sustainable Energy

2nd Edition

ISBN:9781337551663

Author:DUNLAP, Richard A.

Publisher:DUNLAP, Richard A.

Chapter10: Wind Energy

Section: Chapter Questions

Problem 6P

See similar textbooks

Similar questions

An oil refinery is willing to install a 60,000-lb/hour pump for $325,000 in 2020 when the pump index had a value of 500. the refinery must also install another pump of the same size in 2024. Economic data shows that the pump index is forecast to rise by 5% annually. What is the pump index value in 2024.
If the rotational speed of a pump motor is reduced by 35%, what is the effect on the pump performance in terms of capacity, head, and power requirements?
A town uses water from a reservoir that holds 200 million L and is replenished at a rate of 60 million L a day. In 2020, the town used 46 million L per day, calculate the average water use per person per day. (Town population: 70,230)
Assuming a factor of safety of 2, what will be the water demand when water consumption per capita is 3.7 litres/day in a community of 6000 people and the minimum water released from a reservoir is 150,000 litres?
A public utility is trying to decide between two different sizes of pipe for a new water main. A 250-mm line will have an initial cost of P1,600,000, whereas a 300-mm line will cost P1,840,000. Since there is more head loss through the 250-mm pipe, the pumping cost for the smaller line is expected to be P100,000 per year more than for the 300-mm line. If the pipes are expected to last for 15 years, which size should be selected if the interest rate is 12% semi-annually? Use AW, PW, and FW methods in your solution analysis.
A 20 cm centrifugal pump delivers 13.2 lps at a head of 45 m when running at a speed of 1350 r.p.m. A similarly designed pump of 15 cm size runs at the same speed . What are the most likely values of discharge and delivery head serviced by this second pump ?
A pump is being utilized to deliver a flow rate of 500 li/sec from a reservoir of surface elevation of 65 m to another reservoir of surface elevation 95 m. The total length and diameter of the suction and discharge pipes are 500 mm, 1500 m and 30 mm, 1000 m respectively. Assume a head lose of 2 me- ters per 100 m length of the suction pipe and 3 m per 100 m length of the discharge pipe. What is the required horsepower of the pump? PLEASE INCLUDE FIGURE AND DERIVATION
Assume that a residential area has a water pipe leaking continuously at the rate of 1.5 litres/sec. Calculate the total volume of water in million cubic metres that will be lost through leakage during the month of December.
In the figure shown below, it is desired to pump 5259705 lit/day of water from a stream to a pool. El. A = 49m while El. B = 98 m. If the combined pump and motor efficiency is 90%, calculate the monthly power cost in pesos if electricity rate is P10 per kW-hr. Assume that the pump operates for 24 hours and take 1 month = 31 days; Round your answer to 4 decimal places. Pipe Length (m) Diameter (mm) Hazen Coefficient 1 1997 m 375 mm 120 2 1514 m 240 mm 122 3 902 m 205 mm 149
What is the mode if water consumption of household in cubic meters for 8 months are 12, 24, 15,12,16,24 and 14?
The present population of a community is 28000 with an average water consumption of 4200m³/d. The existing water treatment plant has a design capacity of 6000 m³/d. It is expected that the population will increase to 44000 during the next 20 years. The number of years from now when the plant will react its design capacity, assuming an arithmetic rate of population growth, will be
A typical household of four people consumes approximately 300 liters of water per day. Express the annual consumption rate of a city with a population of 100,000 people in kg/year.