Hi there,
Why the formula for piping cost estimation,
Price= A*(Diameter)^B
is independent of pipe thickness or schedule no. or pressure rating of pipes?
Let's judge it: Prices of pipes are given in USD/ton. You can see that key parameter is mass. Therefore, I would say that thickness is not DIRECTLY involved, but indirectly estimated by coefficient A. You can play a bit with the formula Weight/meter=(D-s)*s*0.02466(in kg/m)