Several investigators have suggested methods for sizing a pipeline carrying fluids based on minimum
cost. These methods with suitable modifications can be applied to slurry pipelines with reasonable
accuracy. Albertson [1] considered initial investment cost of pipes and pumps, the annual operational and
maintenance costs for the life of the pipes and pumps and the salvage value of the pipeline for sizing a
pipeline of minimum cost. Hathoot [2] and Cheremisinoff [3] describe the optimal size of the pipeline as
the one for which the total annual cost of the pipe, pumps and power is minimum. Daugherty and Franzini
[4] found that the total annual cost C of a pipeline carrying fluid is given by: