Engineering Economics and Economic Design for Process Engineers

Author: Thane Brown
Publisher: CRC Press
ISBN: 1420008102
Format: PDF, ePub, Mobi
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Engineers often find themselves tasked with the difficult challenge of developing a design that is both technically and economically feasible. A sharply focused, how-to book, Engineering Economics and Economic Design for Process Engineers provides the tools and methods to resolve design and economic issues. It helps you integrate technical and economic decision making, creating more profit and growth for your organization. The book puts methods that are simple, fast, and inexpensive within easy reach. Author Thane Brown sets the stage by explaining the engineer’s role in the creation of economically feasible projects. He discusses the basic economics of projects — how they are funded, what kinds of investments they require, how revenues, expenses, profits, and risks are interrelated, and how cash flows into and out of a company. In the engineering economics section of the book, Brown covers topics such as present and future values, annuities, interest rates, inflation, and inflation indices. He details how to create order-of-magnitude and study grade estimates for the investments in a project and how to make study grade production cost estimates. Against this backdrop, Brown explores a unique scheme for producing an Economic Design. He demonstrates how using the Economic Design Model brings increased economic thinking and rigor into the early parts of design, the time in a project’s life when its cost structure is being set and when the engineer’s impact on profit is greatest. The model emphasizes three powerful new tools that help you create a comprehensive design option list. When the model is used early in a project, it can drastically lower both capital and production costs. The book’s uniquely industrial focus presents topics as they would happen in a real work situation. It shows you how to combine technical and economic decision making to create economically optimum designs and increase your impact on profit and growth, and, therefore, your importance to your organization. Using these time-tested techniques, you can design processes that cost less to build and operate, and improve your company’s profit.

Chemical engineering design

Author: Gavin P. Towler
Publisher: Butterworth-Heinemann
ISBN:
Format: PDF, ePub, Docs
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"Bottom line: For a holistic view of chemical engineering design, this book provides as much, if not more, than any other book available on the topic." --Extract from Chemical Engineering Resources review. Chemical Engineering Design is one of the best-known and widely adopted texts available for students of chemical engineering. It deals with the application of chemical engineering principles to the design of chemical processes and equipment. Revised throughout, this US edition has been specifically developed for the US market. It covers the latest aspects of process design, operations, safety, loss prevention and equipment selection, among others. Comprehensive in coverage, exhaustive in detail, it is supported by extensive problems and a separate solutions manual for adopting tutors and lecturers. In addition, the book is widely used by professions as a day-to-day reference.

Plant Design and Economics for Chemical Engineers

Author: Max Peters
Publisher: Palgrave Macmillan
ISBN: 9780072392661
Format: PDF, ePub, Mobi
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This new edition contains chapters on process synthesis, computer-aided design and design of chemical reactors. The economic analysis has been updated. Numerous real examples include computer or hand solutions, with an increased emphasis on computer use in design, economic evaluation and optimization.

Process Engineering Economics

Author: James Riley Couper
Publisher: CRC Press
ISBN: 9780203911396
Format: PDF, ePub, Docs
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This reference outlines the fundamental concepts and strategies for economic assessments for informed management decisions in industry. The book illustrates how to prepare capital cost and operating expense estimates, profitability analyses, and feasibility studies, and how to execute sensitivity and uncertainty assessments. From financial reports to opportunity costs and engineering trade-offs, Process Engineering Economics considers a wide range of alternatives for profitable investing and for projecting outcomes in various chemical and engineering fields. It also explains how to monitor costs, finances, and economic limitations at every stage of chemical project design, preparation, and evaluation.

Engineering Money

Author: Richard Hill
Publisher: John Wiley & Sons
ISBN: 1118063082
Format: PDF, ePub, Mobi
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There are many text books about engineering design and some include project evaluation techniques. There are text books on accounting methods and yet others on business management. This book does not aim to replace these specialized texts but brings together the elements of these subjects that young engineers working in industry – particularly the construction industry and its customers – need to understand. Most engineers learn about money the hard way: by experience in the workplace. The authors having done this themselves recognized the gap in engineers’ education and set out to bridge it. This book is based on a 1996 course George Solt pioneered for final-year engineering undergraduates. The book is written in an approachable style and gives young engineers as well as mature engineers an insight into the way engineering businesses run, the importance of capital and the problems of cash flow.

Chemical Process Performance Evaluation

Author: Ali Cinar
Publisher: CRC Press
ISBN: 9781420020106
Format: PDF, Kindle
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The latest advances in process monitoring, data analysis, and control systems are increasingly useful for maintaining the safety, flexibility, and environmental compliance of industrial manufacturing operations. Focusing on continuous, multivariate processes, Chemical Process Performance Evaluation introduces statistical methods and modeling techniques for process monitoring, performance evaluation, and fault diagnosis. This book introduces practical multivariate statistical methods and empirical modeling development techniques, such as principal components regression, partial least squares regression, input-output modeling, state-space modeling, and modeling process signals for trend analysis. Then the authors examine fault diagnosis techniques based on episodes, hidden Markov models, contribution plots, discriminant analysis, and support vector machines. They address controller process evaluation and sensor failure detection, including methods for differentiating between sensor failures and process upset. The book concludes with an extensive discussion on the use of data analysis techniques for the special case of web and sheet processes. Case studies illustrate the implementation of methods presented throughout the book. Emphasizing the balance between practice and theory, Chemical Process Performance Evaluation is an excellent tool for comparing alternative techniques for process monitoring, signal modeling, and process diagnosis. The unique integration of process and controller monitoring and fault diagnosis facilitates the practical implementation of unified and automated monitoring and diagnosis technologies.

Petroleum Refining

Author: James H. Gary
Publisher: CRC Press
ISBN: 0203907922
Format: PDF, Mobi
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Petroleum refiners must face billion-dollar investments in equipment in order to meet ever-changing environmental requirements. Because the design and construction of new processing units entail several years’ lead time, refiners are reluctant to commit these dollars for equipment that may no longer meet certain conditions when the units come on stream. Written by experts with both academic and professional experience in refinery operation, design, and evaluation, Petroleum Refining Technology and Economics, Fifth Edition is an essential textbook for students and a vital resource for engineers. This latest edition of a bestselling text provides updated data and addresses changes in refinery feedstock, product distribution, and processing requirements resulting from federal and state legislation. Providing a detailed overview of today’s integrated fuels refinery, the book discusses each major refining process as they relate to topics such as feedstock preparation, operating costs, catalysts, yields, finished product properties, and economics. It also contains end-of-chapter problems and an ongoing case study.

Invention by Design

Author: Henry Petroski
Publisher: Harvard University Press
ISBN: 9780674463684
Format: PDF, ePub, Docs
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Presents case studies of inventions by engineers, explaining how they resolve technical difficulties, and how they make their inventions socially acceptable and economically feasible

Chemical Process Engineering

Author: Harry Silla
Publisher: CRC Press
ISBN: 0824756444
Format: PDF
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Chemical Process Engineering presents a systematic approach to solving design problems by listing the needed equations, calculating degrees-of-freedom, developing calculation procedures to generate process specifications- mostly pressures, temperatures, compositions, and flow rates- and sizing equipment. This illustrative reference/text tabulates numerous easy-to-follow calculation procedures as well as the relationships needed for sizing commonly used equipment.