Applying the proven success of modern process engineering economics
to the food industry, Food Plant Economics considers the design and
economic analysis of food preservation, food manufacturing, and
food ingredients plants with regard to a number of representative
food processes. Economic analysis of food plants requires the
evaluation of quantitative data from the design and operation of
food processes and processing plants. Accompanying downloadable
resources include prepared Excel spreadsheets for calculating
various food plants scenarios by applying appropriate data
regarding the cost of equipment and equipment sizing, material and
energy balances, and plant operating costs. Beginning with a
thorough background in the economics of a food plant, the first
three chapters summarize recent advances in food process and
research technology, the structure of the food system in the US and
EU, and the principles of modern design in food processes,
processing equipment, and processing plants. The second three
chapters discuss process economics in relation to the food industry
by applying the concepts of capital cost, operating cost, and cash
flow to estimations of plant profitability. Detailed chapters cover
estimations of capital investment and operating costs including
statistical data, empirical models, and useful rules of thumb. The
remaining three chapters apply the techniques of the previous
discussions to food preservation plants such as concentration,
canning, and dehydration; manufacturing plants including wine,
bread, and yogurt; as well as ingredients plants that produce
sugars and oils. A useful appendix contains a glossary, tables,
conversions, nomenclature, food properties, and heat transfer
coefficients. A practical and comprehensive treatment of process
economics, Food Plant Economics provides a complete introduction to
the application of this efficient technique to the food industry.
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