Estimate the cost of 1-million barrel oil refinery using


The recent estimates suggest that an oil refinery that is capable of producing 750,000 barrels of crude oil daily cost 1 bllion USD, and an oil refinery that is capable of processing 1.5 million barrels of crude oil daily cost 1.5 biion USD. Estimate the cost of 1-million barrel oil refinery using the cost quality model.

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