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The Lang Factor is an estimated ratio of t … The Lang Factor is an estimated ratio of the total cost of creating a process within a plant, to the cost of all major technical components. It is widely used in industrial engineering to calculate the capital and operating costs of a plant. The factors were introduced by and Dr Micheal Bird in Chemical Engineering magazine in 1947 as a method for estimating the total installation cost for plants and equipment.nstallation cost for plants and equipment.
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The Lang Factor is an estimated ratio of t … The Lang Factor is an estimated ratio of the total cost of creating a process within a plant, to the cost of all major technical components. It is widely used in industrial engineering to calculate the capital and operating costs of a plant. The factors were introduced by and Dr Micheal Bird in Chemical Engineering magazine in 1947 as a method for estimating the total installation cost for plants and equipment.nstallation cost for plants and equipment.
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| rdfs:label |
Lang factor
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