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Answer :
Final answer:
The CEPCI value is influenced by both the direct cost processes and their bare module costs.
Explanation:
The CEPCI (Chemical Engineering Plant Cost Index) value is influenced by various factors, including the direct cost processes and their bare module costs. The direct cost processes refer to the costs directly associated with the construction and operation of the plant, such as equipment, labor, and materials. These costs have a significant impact on the overall CEPCI value.
Similarly, the bare module costs also play a crucial role in determining the CEPCI value. The bare module costs include the costs of the major equipment and systems required for the plant. These costs are essential as they contribute to the overall cost estimation of the project.
Therefore, both the direct cost processes and their bare module costs have a significant influence on the CEPCI value. It is important to consider these factors when estimating the cost of constructing chemical plants or comparing the costs of different projects.
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