Estimation of production cost and revenue: Difference between revisions
Jump to navigation
Jump to search
No edit summary |
|||
| Line 36: | Line 36: | ||
# Seider, W.D., Seader, J.D., and Lewin, D.R. (2004). ''Process Design Principles: Synthesis, Analysis, and Evaluation.'' New York: Wiley. |
# Seider, W.D., Seader, J.D., and Lewin, D.R. (2004). ''Process Design Principles: Synthesis, Analysis, and Evaluation.'' New York: Wiley. |
||
# Turton, R.T., Bailie, R.C., Whiting, W.B., and Shaewitz, J.A. (2003). ''Analysis, Synthesis, and Design of Chemical Processes'' Upper Saddle River: Prentice-Hall. |
# Turton, R.T., Bailie, R.C., Whiting, W.B., and Shaewitz, J.A. (2003). ''Analysis, Synthesis, and Design of Chemical Processes'' Upper Saddle River: Prentice-Hall. |
||
# Stripping Column. Alfa Laval Web site. Available at: http://www.alfalaval.com/solution-finder/products/soft-column/Documents/Stripping%20Column.pdf. Accessed February 19, 2014. |
|||
# Lean Oil Absorption. PetroGas Systems Web site. Available at: http://petrogassystems.com/technology/natural-gas-processing-and-dew-point-control/lean-oil-absorption. Accessed February 19, 2014. |
|||
Revision as of 17:21, 22 February 2014
Variable Cost of Production
Estimating Variable Production Costs
Raw Materials Cost
Costs of chemical feed stocks required by the process. Feed stocks flow rates are obtained from PFD.
Utilities Cost
Consumables Cost
Waste Disposal Costs
Fixed Cost of Production
Estimating Fixed Production Costs
Labor Costs
Maintenance Costs
Land, Rent, Taxes
Insurance
Interest Payments
Corporate Overhead
Licensing and Royalties
Revenues
By-Product Revenues
Margin
Profits
Pricing Products and Raw Materials
Pricing Fundamentals
Price data Sources
Internal Company Forecasts
Trade Journals
Consultants
Online Brokers and Suppliers
Reference Books
Price Forecasting
References
- Wankat, P.C. (2012). Separation Process Engineering. Upper Saddle River: Prentice-Hall.
- Towler, G.P. and Sinnot, R. (2012). Chemical Engineering Design: Principles, Practice and Economics of Plant and Process Design.Elsevier.
- Biegler, L.T., Grossmann, L.E., and Westerberg, A.W. (1997). Systematic Methods of Chemical Process Design. Upper Saddle River: Prentice-Hall.
- Peters, M.S. and Timmerhaus, K.D. (2003). Plant Design and Economics for Chemical Engineers, 5th Edition. New York: McGraw-Hill.
- Seider, W.D., Seader, J.D., and Lewin, D.R. (2004). Process Design Principles: Synthesis, Analysis, and Evaluation. New York: Wiley.
- Turton, R.T., Bailie, R.C., Whiting, W.B., and Shaewitz, J.A. (2003). Analysis, Synthesis, and Design of Chemical Processes Upper Saddle River: Prentice-Hall.