“…56,57 The TAC is annualized cost, which equally occurs every year during the project lifetime and gives the same net present cost as the actual cash flow sequence. The TAC is calculated from the equivalent annual cost (EAC) and total product cost (TPC): 58,59 = = + TAC EAC TPC total cost (15) First, the EAC is determined from the total capital investment (TCI) and annuity factor (AF): 60 = EAC TCI AF (16) where TCI denotes the capital investment, which includes equipment cost, land cost, installation cost, etc. The TCI is determined from the fixed capital investment (FCI), working capital investment (WCI), and start-up cost (SUC): 61 = + + TCI FCI WCI SUC (17) FCI is the cost that includes building cost, plumbing cost, installation cost of equipment, etc., and it is determined from the total equipment cost of sorting and recycling system: 58 (18) where C equipment is the calculated sum of the equipment cost of the sorting system (EC sorting ), material recycling (EC material ), chemical recycling (EC chemical ), thermal recycling (EC thermal ), and incineration (EC energy recovery ):…”