Basic considerations in chemical engineering plant design, optimization and feasibility of plant design. Plant location and layout: Factors affecting plant location, factors in planning layouts, principles of plant layout, use of scale models.
Selection of process-factors affecting process selection. Types of project design, Importance of Laboratory development pilot plant, safety factors, types of flow diagrams. Selection of process equipment: Standard versus special equipment-material of construction for process equipment, selection criteria, and specification sheets.
Cash flow and cumulative cash position for industrial operations, factors affecting estimation of investment and production cost, breakeven point and its significance, total capital investment, fixed and working capital investment & their estimations, type of estimates, cost indexes, method for estimating capital investment. Estimation of total product cost: Estimation of total product cost: manufacturing cost, general expenses, Manufacturing cost: direct production cost, fixed charges, plant overhead cost.
Types of depreciation, Method for determining depreciation: straight line method, decline balance method, sum of the year digit method, shrinking fund method etc, single unit and group depreciation, adjustment of depreciation account, evaluation of depreciation methods
Methods for profitability evaluation, Evaluation of Break Even Point, % rate of return, Practical factors in alternative investment and replacement Studies. TOTAL
After completion of the course student will be able to:
This subject is on page 4, 5 of the original AKTU PDF.
