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.
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