Cost estimation Guthrie

Guthrie, K. M., Data and Techniques for Preliminary Capital Cost Estimating, Chem. Engg., 76 114, 1969. 

For a more detailed treatment of the subject the reader should refer to the numerous specialised texts that have been published on cost estimation. The following books are particularly recommended Happle and Jordan (1975) and Guthrie (1974), Page (1984), Garrett (1989). 

The accuracy and reliability of an estimate can be improved by dividing the process into sub-units and using factors that depend on the function of the sub-units see Guthrie (1969). In Guthrie s detailed method of cost estimation the installation, piping and... 

GUTHRIE, K. M. (1969) Chem. Eng., NY 76 (March 24th) 114. Capital cost estimating. 

Source of Cost Data Guthrie, K.M. Capital Cost Estimating, Chemical Engineering, Mar. 24, 1969, p. 114 (see Appendix B). 

The data in this section are in my opinion the best available. They were developed from data presented by Kenneth M. Guthrie and first appeared in the March 24, 1969 and Jan. 13, 1969, issues of Chemical Engineering. I am very indebted to Mr. Guthrie and Chemical Engineering for allowing me to reproduce this material. All these data are based on mid 1968 costs. Examples 9-6, 9-7, and 9-8, along with the capital cost estimation of a 150,000,000 lb/yr polystrene plant, show how to use the figures and tables. 

K.M. Guthrie, Capital Cost Estimating , Chemical Engineering, 24 March,... 

Example of a normal module as applied for estimating capital investment for a chemical process and a mechanical equipment unit. [Adapted from K. M. Guthrie, Capital Cost Estimating, Chem. Eng., 76(6).114 (March 24,1969).]... 

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