CHME 452/852: Chemical Engineering Process Economics and Optimization
Prereqs: Senior standing in chemical engineering.
Criteria of chemical process economics: cost and asset accounting, time value of money, profitability, alternative investments, minimum attractive rate of return, sensitivity and risk analysis. Process optimization in: plant operations, unit operations, using successive calculations, linear programming and dynamic programming.
This course is a prerequisite for: CHME 453
|Course Format:||Lecture 3|