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Plant Design & Economics
Cost Estimation
GATE 2015
Hard

CT=100f1+1000/(f1f2)+20f2²+50. The lowest total cost CT (lakh Rs), rounded to 1 decimal place, is

572.8 lakh Rs(± 6 accepted)

Explanation

∂CT/∂f1=0 gives f1²f2=10; ∂CT/∂f2=0 gives f1f2³=25. Dividing: f2²/f1=2.5 ⟹ f1=0.4f2². Substituting: 0.16f2⁵=10 ⟹ f2≈2.287, f1≈2.091. CT≈209.1+209.1+104.6+50=572.8.

Source: GATE CH 2015 (2015)

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