Process alternatives and flowsheeting

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Authors: Alex Chandel, Eric Jiang, Minwook Kim, Todor Kukushliev, William Lassman (ChE 352 in Winter 2014)

Steward: David Chen, Fengqi You

Date Presented: 2/9/2014



Introduction

Components of Capital Cost

Accuracy and purpose of Capital Cost Estimates

Order of Magnitude Estimates

Estimating Purchased Equipment Costs

Estimating Installed Costs: The Factorial Method

Cost Escalation

Location Factors

Estimating Offsite Capital Costs

Computer Tools for Cost Estimating

Validity of Cost Estimates

References