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hello this is dr. Christie Patton Lukeamp;#39;s a chemical engineering professor at Missouri Samp;amp;T we are continuing to look at estimating manufacturing costs based on chapter 8 of Tirta Nadalamp;#39;s textbook for process design and in this lesson we will be looking at raw material cost estimation now from the beginning of the chapter what we found is that the formulas for cost of manufacturing could be based on depreciation or no depreciation but they involve fixed capital investment cost of operating labor cost of waste treatment cost of utilities and cost of raw materials we have in previous lessons looked at all of these other items this is our final item to consider now raw material costs are probably the worst thing to estimate usually to get a realistic value you really need to talk to a vendor but if youamp;#39;re doing this for a course do not bother a vendor by calling them up and asking you know if I needed to buy a thousand kilograms per day from you how much woul
