Five years ago, when the relevant cost index was 120, a nuclear centrifuge cost $40,000. The centrifuge had a capacity of separating 1,500 gallons of ionized solution per hour. Today, the boss wants to build a centrifuge with capacity of 4,500 gallons per hour, but the cost index now is 300. Assuming a power-sizing exponent of 0.75, determine the approximate cost in today's dollars of the new, larger reactor.

Sustainable Energy
2nd Edition
ISBN:9781337551663
Author:DUNLAP, Richard A.
Publisher:DUNLAP, Richard A.
Chapter17: Energy Conservation
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Five years ago, when the relevant cost index was 120, a nuclear centrifuge cost $40,000. The
centrifuge had a capacity of separating 1,500 gallons of ionized solution per hour. Today, the
boss wants to build a centrifuge with capacity of 4,500 gallons per hour, but the cost index now
is 300. Assuming a power-sizing exponent of 0.75, determine the approximate cost in today's
dollars of the new, larger reactor.
Transcribed Image Text:Five years ago, when the relevant cost index was 120, a nuclear centrifuge cost $40,000. The centrifuge had a capacity of separating 1,500 gallons of ionized solution per hour. Today, the boss wants to build a centrifuge with capacity of 4,500 gallons per hour, but the cost index now is 300. Assuming a power-sizing exponent of 0.75, determine the approximate cost in today's dollars of the new, larger reactor.
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