A chemical engineer at Western Refining estimated the total cost for a diesel fuel desulfurization system at $2.3 million. If the direct cost factor is 1.55 and the indirect cost factor is 0.43, what is the total equipment cost? Both factors apply to delivered equipment cost.
What will be an ideal response?
2,300,000 = (1 + 1.55 + 0.43)CE
CE = $771,812
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