821Chemical EngineeringMedium
Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it?
AEquipment insulation cost
BElectrical installation cost
CEquipment installation cost
DCost for piping
Correct answer
A. Equipment insulation cost
Explanation
The correct answer is Equipment insulation cost.