{"id":1029,"date":"2016-07-29T19:06:33","date_gmt":"2016-07-29T19:06:33","guid":{"rendered":"http:\/\/www.inspirenignite.com\/jntuk\/?p=1029"},"modified":"2016-07-29T19:06:33","modified_gmt":"2016-07-29T19:06:33","slug":"jntuk-b-tech-process-engineering-economics-for-r13-batch","status":"publish","type":"post","link":"https:\/\/www.inspirenignite.com\/jntuk\/jntuk-b-tech-process-engineering-economics-for-r13-batch\/","title":{"rendered":"JNTUK B.Tech Process Engineering Economics for R13 Batch."},"content":{"rendered":"<p>JNTUK B.Tech Process Engineering Economics gives you detail information of Process Engineering Economics R13 syllabus It will be help full to understand you complete curriculum of the year.<\/p><div class=\"a9916ad81d5189659b0bfae0b37c143c\" data-index=\"1\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-1181153414625576\"\r\n     data-ad-slot=\"9648548092\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\n<p><strong>Learning Objectives<\/strong><\/p>\n<ul>\n<li>To understand the various terms and activities related to economics which can be useful during economical evaluation of any chemical process industries.<\/li>\n<li>To understand the concepts and calculations involving time value of money, present and future worth of property<\/li>\n<li>To have the knowledge about capital recovery, depreciation and depreciation calculations<\/li>\n<li>To understand the methodology of cost estimation including fixed and variable costs by considering the concept of cost indices.<\/li>\n<li>To understand the concept of balance sheet, profit and loss accounting and income statement<\/li>\n<li>To understand the concept of profitability evaluation of project and select the best process alternative based on its economic evaluation<\/li>\n<li>To understand the concept of rate of return and payout time, and replacement of existing facilities<\/li>\n<li>To have knowledge of the economic balance in evaporation, fluid flow, heat and mass transfer, cyclic operations, reactors and inventory in process operations<\/li>\n<li>To learn about the economic analysis of a complete process<\/li>\n<li>To learn about multivariable input-output analysis for analyzing the production of chemical products<\/li>\n<\/ul>\n<p><strong>UNIT-I: Introduction:<\/strong> The process industries \u2013 capital and interest \u2013 economics and the process\u00a0engineer. Value of Money \u2013 Equivalence: Value of money \u2013 equations for economic studies \u2013 equivalence \u2013 example problems \u2013 the bond problem.<\/p>\n<p><strong>UNIT-II: Amortization<\/strong>: Capital recovery \u2013 depreciation \u2013 straight-line method, sinking-fund method,\u00a0fixed percentage method \u2013 interest in depreciation calculations \u2013 depreciation accounting \u2013 depletion Capital Requirements for Process Plants: Cost indices \u2013 equipment costs \u2013 the Williams six- tenths Factor \u2013 service facilities \u2013 buildings and other non-process items \u2013 capital requirements for complete plants-approximate cost estimates-detailed cost estimates \u2013 total and process investment \u2013 the balance sheet \u2013 sources of capital.<\/p>\n<p><strong>UNIT-III: Costs, Earnings, Profits and Returns:<\/strong> Variable costs \u2013 fixed costs-explanation of individual items of fixed costs-interest as an Item of cost \u2013 using cost data-cost studies-the Income statement-income statement ratio \u2013 profits and earnings-a discussion of theoretical economy and accounting-analysis of the income statement \u2013 economic production charts \u2013 capacity factors \u2013 incremental costs \u2013 differential analysis of economic production charts\u00a0Economics of Selecting Alternates: Annual cost method \u2013 present worth method \u2013 equivalent alternates.<\/p>\n<p><strong>UNIT-IV: Rates of Return and Payout Time \u2013 Replacements:<\/strong> Rate-of-return method \u2013 payout-time method \u2013 effect of source of capital \u2013 nonproductive investments and taxes \u2013 consideration of capacity factor \u2013 replacement of existing facilities \u2013 irreducible factors in economic analyses. Economic Balance: Economic balance in evaporation \u2013 economic vessel design \u2013 economic balance in fluid flow, heat transfer and mass transfer &#8211; economic balance with two variables, combined operation-combined operations with one variable- combined operations with two variables, combined operations with alternates.<\/p>\n<p><strong>UNIT-V: Economic Balance in Cyclic Operations<\/strong>: Batch operations (fixed cycle time) \u2013 batch operations (variable cycle time) \u2013 multiple equipment units \u2013 semicontinuous operations. Economic Balance in Reactors: Economic analysis for variable feed and product grades, variable recovery \u2013 economic balance for waste stream concentrations \u2013 economic balance for yield in process operations-yield in a batch reactor (catalytic or noncatalytic)-yield in continuous multistage reactors (noncatalytic)- yield in a flow reactor (catalytic)<\/p>\n<p><strong>UNIT-VI: Economic Balance and Inventory in Process Operations:<\/strong> Semicontinuous operations \u2013 batch\u00a0operations \u2013 non-repetitive operations \u2013 process inventory considerations \u2013 the general case of inventory \u2013 general summary of economic balance. Economic Analysis of A Complete Process: Operating plants-appraised value-earning value- stock and bond value \u2013 proposed plants-capital requirements-estimated annual returns \u2013 evaluation \u2013 reliability of cost estimates.<\/p>\n<p><strong>Outcomes:<\/strong> After the course work, the students will be able to<\/p>\n<ul>\n<li>become familiar with various aspects related to economics and can apply them for economic evaluation of chemical process and decide its economic feasibility<\/li>\n<li>Analyze cash flow sequences and solve problems involving time value of money<\/li>\n<li>Calculate profitability, rate of return of investments and cost estimation.<\/li>\n<li>Read and understand corporate financial statements (Balance sheet, income statement, cash flow statement).<\/li>\n<li>Choose projects\/equipment from a set of possible alternatives.<\/li>\n<li>Assess the impact of depreciation, taxation and other economic factors on the project\u2019s feasibility.<\/li>\n<li>Develop policies for assets replacement.<\/li>\n<li>Assess alternative financing modes.<\/li>\n<li>Make financially prudent decisions in everyday life.<\/li>\n<li>Calculate optimal sizes of new chemical processes and subsequent expansion of capacity.<\/li>\n<li>Describe multivariable input-output analysis.<\/li>\n<\/ul>\n<p><strong>Text Book<\/strong><\/p>\n<ul>\n<li>Process Engineering Economics, H.E. Schweyer, McGraw-Hill, New York, 1955.<\/li>\n<\/ul>\n<p><strong>Reference Books<\/strong><\/p>\n<ul>\n<li>Plant Design and Economics for Chemical Engineers, M.S.Peters and K.D.Timmerhaus, McGraw Hill, 4th Ed., 1991.<\/li>\n<li>Cost and Optimization Engineering, F.C. Jelen, McGraw-Hill, International ed., 1997.<\/li>\n<li>Process Engineering Economics, James R. Couper, Marcel Dekkar, Inc., 2003<\/li>\n<li>Introduction to Process Economics, F.A. Holland, F. A. Watson, J. K. Wilkinson, 2nd Edition, John Wiley &amp; Sons, 1983.<\/li>\n<li>Schaum\u2019s outline of engineering economics, Jose Sepulveda, William Souder, Byron Gottfried, McGraw-Hill, 1984.<\/li>\n<\/ul>\n<p>For more information about all JNTU updates please stay connected to us on FB and don\u2019t hesitate to ask any questions in the comment.<\/p>\n<div class=\"a9916ad81d5189659b0bfae0b37c143c\" data-index=\"2\" style=\"float: none; margin:10px 0 10px 0; text-align:center;\">\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-1181153414625576\"\r\n     data-ad-slot=\"8060844699\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>JNTUK B.Tech Process Engineering Economics gives you detail information of Process Engineering Economics R13 syllabus It will be help full to understand you complete curriculum of the year. Learning Objectives [&hellip;]<\/p>\n","protected":false},"author":2259,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1029","post","type-post","status-publish","format-standard","hentry","category-syllabus"],"_links":{"self":[{"href":"https:\/\/www.inspirenignite.com\/jntuk\/wp-json\/wp\/v2\/posts\/1029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.inspirenignite.com\/jntuk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.inspirenignite.com\/jntuk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.inspirenignite.com\/jntuk\/wp-json\/wp\/v2\/users\/2259"}],"replies":[{"embeddable":true,"href":"https:\/\/www.inspirenignite.com\/jntuk\/wp-json\/wp\/v2\/comments?post=1029"}],"version-history":[{"count":1,"href":"https:\/\/www.inspirenignite.com\/jntuk\/wp-json\/wp\/v2\/posts\/1029\/revisions"}],"predecessor-version":[{"id":1030,"href":"https:\/\/www.inspirenignite.com\/jntuk\/wp-json\/wp\/v2\/posts\/1029\/revisions\/1030"}],"wp:attachment":[{"href":"https:\/\/www.inspirenignite.com\/jntuk\/wp-json\/wp\/v2\/media?parent=1029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.inspirenignite.com\/jntuk\/wp-json\/wp\/v2\/categories?post=1029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.inspirenignite.com\/jntuk\/wp-json\/wp\/v2\/tags?post=1029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}