From Eq.(16.19)
which adjusts cost for a size or capacity difference,
a cyclone dust
collector. Note that while the new unit has 10 times the capacity as the unit
purchased in 1985 will not cost 10X more, because of economy of scale.
However, the purchase cost will have increased because of inflation in the 22
years since it was purchased in 1985. Assuming cost inflation in of 5% per
year, the original cost of $35,000 is now equivalent to .
The estimate of
the cost is