Process Economics Petro Engg 8th Sem Syllabus for B.Tech 2017 Regulation Anna Univ (Professional Elective VI) detail syllabus for Petroleum Engineering (Petro Engg), 2017 regulation is collected from the Anna Univ official website and presented for students of Anna University. The details of the course are: course code (PE8077), Category (PE), Contact Periods/week (3), Teaching hours/week (3), Practical Hours/week (0). The total course credits are given in combined syllabus.
For all other petro engg 8th sem syllabus for b.tech 2017 regulation anna univ you can visit Petro Engg 8th Sem syllabus for B.Tech 2017 regulation Anna Univ Subjects. For all other Professional Elective VI subjects do refer to Professional Elective VI. The detail syllabus for process economics is as follows.
Course Objective:
- The objective of this course is to teach principles of cost estimation, feasibility analysis, management, organization and quality control that will enable the students to perform as efficient managers.
Unit I
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Unit II
Investment Costs and Cost Estimation
Time Value of money; capital costs and depreciation, estimation of capital cost, manufacturing costs and working capital, capital budgeting and project feasibility.
Unit III
Profitability, Investment Alternative and Replacement
Estimation of project profitability, sensitivity analysis; investment alternatives; replacement policy; forecasting sales; inflation and its impact.
Unit IV
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Unit V
Economic Balance
Economic decisions in Chemical Plant – Economics of size – Essentials of economic balance -Economic balance approach, economic balance for insulation, evaporation, heat transfer.
Course Outcome:
- At the end of this course, the students will have knowledge on cost and asset accounting, time value of money, profitability, alternative investments, minimum attractive rate of return, sensitivity and risk analysis.
Text Books:
- Peters, M. S. and Timmerhaus, C. D. RE West, Plant Design and Economics for Chemical Engineers, III Edn, McGraw Hill, 2003.
- Holand, F.A., Watson, F.A. and Wilkinson, J.K., Introduction to process Economics, 2nd Edn, John Wiley, 1983.
- Narang, G.B.S. and Kumar, V., Production and Costing, Khanna Publishers, 1995.
- Banga T.R., and Sharma S.C., Industrial organization and engineering economics, Khanna Publishers, New Delhi.
References:
- Allen, L.A., Management and Organization, McGraw Hill.
- Perry, R. H. and Green, D., Chemical Engineers Handbook 8th Edition, McGraw Hill, 2007.
For detail syllabus of all other subjects of B.Tech Petro Engg, 2017 regulation do visit Petro Engg 8th Sem syllabus for 2017 Regulation.
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