A leading process engineering company bought three (3) major pieces of equipment:
a shell and tube heat exchanger; a storage tank and a three-phase vertical separator.
The company purchased the exact same type of equipment three (3) times within a
ten (10) year period.
Due to audit concerns and missing receipts, you are tasked with determining the cost of EACH
piece of equipment in $US, using The Gauss-Jordan Matrix Method. You are only provided with the total cost(US$) of the following:
1st Time: 3 tanks + 4 heat exchangers + 2 vertical separators cost US$157,500
2nd Time: 2 tanks + 1 heat exchanger + 3 vertical separators cost US$90,000
3rd Time: 5 tanks + 3 heat exchangers + 2 vertical separators cost US$149,500
Let a tank costs "x" $US, a heat exchanger costs "y" $US, and a vertical separator costs "z" $US. Then
Then
Divide row 1 by 3 "(R_1=\\dfrac{R_1}{3})"
Subtract row 1 multiplied by 2 from row 2 "(R_2=R_2-(2)R_1)"
Subtract row 1 multiplied by 5 from row 3 "(R_3=R_3-(5)R_1)"
Multiply row 2 by "-\\dfrac{3}{5}" "(R_2=(-\\dfrac{3}{5})R_2)"
Subtract row 2 multiplied by "\\dfrac{4}{3}" from row 1 "(R_1=R_1-(\\dfrac{4}{3})R_2)"
Add row 2 multiplied by "\\dfrac{11}{3}" to row 3 "(R_3=R_3+(\\dfrac{11}{3})R_2)"
Divide row 3 by "-5" "(R_3=\\dfrac{R_3}{-5})"
Subtract row 3 multiplied by 2 from row 1 "(R_1=R_1-(2)R_3)"
Add row 3 to row 2 "(R_2=R_2+R_3)"
A tank costs "8500" $US, a heat exchanger costs "25000" $US, and a vertical separator costs "16000" $US.
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