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Process Engineering Economics (Chemical Industries)

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This book may well be the best text available for showing how project evaluation and economics impact corporation finances…
-Chemical Engineering Progress

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 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 and monitors costs, finances, and economic limitations at every stage of chemical project design, preparation, and evaluation.

Text discusses methods to read, analyze, perform, and comprehend financial reports; techniques to estimate capital costs using rules of thumb and cost algorithms; methods to prepare operating expense estimates; and the time value of money. For upper-level undergraduate students or professionals in engineering economics or process design.
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