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CHE502 Economic Analysis

This document provides cost and specification information for several pieces of equipment used in a process. The total capital cost is $1,263,500 and the total annual operating cost is $914,350. Key equipment includes a heat exchanger (B2-tower) with a cost of $190,700 and a multi-diameter distillation tower. Utilities such as electricity and cooling water are also specified along with their annual costs. The desired annual rate of return on investment is 20%.

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Grace Kuje
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0% found this document useful (0 votes)
54 views17 pages

CHE502 Economic Analysis

This document provides cost and specification information for several pieces of equipment used in a process. The total capital cost is $1,263,500 and the total annual operating cost is $914,350. Key equipment includes a heat exchanger (B2-tower) with a cost of $190,700 and a multi-diameter distillation tower. Utilities such as electricity and cooling water are also specified along with their annual costs. The desired annual rate of return on investment is 20%.

Uploaded by

Grace Kuje
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Summary

Name Summary
Total Capital Cost [USD] 1263500
Total Operating Cost [USD/Year] 914350
Total Raw Materials Cost [USD/Year] 0
Total Product Sales [USD/Year] 0
Total Utilities Cost [USD/Year] 0
Desired Rate of Return [Percent/'Year] 20
P.O. Period [Year] 0
Equipment Cost [USD] 190700
Total Installed Cost [USD] 357500

Name Fluid
Electricity
Cooling Water Water
Refrigerant - Freon 12 Refrigerant

Name Equipment Cost [USD]


B4 0
B2 190700
B10 0
B3 0
B11 0
B1 0
B8 0
B12 0

Name Equipment Cost [USD]

B4 0
B2-tower 190700
B10 0
B3 0
B11 0

B1 0
B8 0
B12 0

TEMA HEX
Name DHE TEMA EXCH B4
User tag number B4
Remarks 1 Equipment mapped from 'B4'.
Quoted cost per item [USD]
Currency unit for matl cost
Number of identical items 1
Installation option
Heat transfer area [sqm] 0.124593214257
Number of shells
Front end TEMA symbol B
Shell TEMA symbol E
Rear end TEMA symbol M
Heat exchanger design option
Tube material
Tube design gauge pressure [barg] 2.4342108
Tube design temperature [C] 121.111111111111
Tube operating temperature [C] -29.8
Tube outside diameter [meter] 0.0254
Shell material
Shell design gauge pressure [barg] 1.28504411035
Shell design temperature [C] 121.111111111111
Shell operating temperature [C] 29.92847
Tube side pipe material
Shell side pipe material
Number of tubes per shell
Tube length extended [meter] 6.096
Tube gauge
Tube pitch [meter] 0.03175
Shell diameter [meter]
Shell wall thickness [meter]
Shell corrosion allowance [meter]
Expansion joint
Tube sheet material
Number of tube passes 1
Number of shell passes 1
Allow resize

Multi-diameter tower
Name DTW TOWER B2-tower
User tag number B2-tower
Remarks 1 Equipment mapped from 'B2'.
Quoted cost per item [USD]
Currency unit for matl cost
Number of identical items
Installation option
Application
Base material Bottom
Diameter Bottom section [meter] 0.6096
Bottom tangent to tangent height [meter]29.8704
Design gauge pressure Bottom [barg] 1.03425
Design temperature Bottom [C] 121.111111111111
Operating temperature Bottom [C] 30.667436111111
Number of trays Bottom section 43
Bottom Tray type SIEVE
Bottom Tray material
Bottom Tray spacing [meter] 0.6096
Bottom Packing material Section1
Packing height Bottom Section1 [meter]
Bottom Packing material Section2
Packing height Bottom Section2 [meter]
Cladding material Bottom
Cladding thickness Bottom [meter]
Thickness Bottom section [meter]
Corrosion allowance Bottom [meter]
Base material Middle
Diameter Middle section [meter]
Middle tangent to tangent height [meter]
Design gauge pressure Middle [barg]
Design temperature Middle [C]
Operating temperature Middle [C]
Number of trays Middle section
Middle Tray type
Middle Tray material
Middle Tray spacing [meter]
Middle Packing material Section1
Packing height Middle Section1 [meter]
Middle Packing material Section2
Packing height Middle Section2 [meter]
Cladding material Middle
Cladding thickness Middle [meter]
Thickness Middle section [meter]
Corrosion allowance Middle [meter]
Base material Top
Diameter Top section [meter]
Top tangent to tangent height [meter]
Design gauge pressure Top [barg]
Design temperature Top [C]
Operating temperature Top [C]
Number of trays Top section
Top Tray type
Top Tray material
Top Tray spacing [meter]
Top Packing material Section1
Packing height Top Section1 [meter]
Top Packing material Section2
Packing height Top Section2 [meter]
Cladding material Top
Cladding thickness Top [meter]
Thickness Top section [meter]
Corrosion allowance Top [meter]
Skirt height [meter]
Wind or seismic design
Fluid volume [fraction]
Vacuum design gauge pressure [barg]
Transition height 1 [meter]
Transition height 2 [meter]
Molecular Wt Overhead Prod. 19.246791
ASME design basis
Allow Resize

Quoted equ
Name C B10
User tag number B10
Remarks 1 Equipment mapped from 'B10'.
Code of account 100
Total cost per unit
Icarus/User COA option
Material cost per unit 0
Currency unit for matl cost
Labor hours per unit [hr]
Number of identical items
Installation option
Unit of measure
Quantity
Quantity adjustment option
Item classification
Item type
Material
Component weight [kg]
ID in bulk report

Agitated reactor
Name DAT REACTOR B1
User tag number B1
Remarks 1 Equipment mapped from 'B1'.
Quoted cost per item [USD]
Currency unit for matl cost
Number of identical items
Installation option
Application
Shell material
Liquid volume [cum] 0.133440718900414
Vessel diameter [meter] 0.3048
Vessel tangent to tangent height [meter] 1.8288
Design gauge pressure [barg] 1.03425
Vacuum design gauge pressure [barg]
Design temperature [C] 2027.77777777778
Operating temperature [C]
Jacket design gauge pressure [barg]
Jacket type
Jacket material
Agitator power [kW]
Driver type
Cladding material
Skirt or leg height [meter]
Base material thickness [meter]
Corrosion allowance [meter]
Cladding thickness [meter]
Fluid depth [meter]
Fluid density [kg/cum]
Fluid viscosity [cP]
Impeller type
Impeller diameter [meter]
Number of impellers
Impeller speed [rpm]
Reynolds number
Power function
Allow resize
Utilities
Rate Rate Units Cost per Hour
52.32 KW 4.0548
0.038991 MMGAL/H 4.67892
0.158228 KLB/H 0.013449

Unit operation
Installed Cost [USD] Equipment Weight [LBS] Installed Weight [LBS]
0 0 0
357500 64200 80504
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0
0 0 0

Equipment
Installed Cost [USD] Equipment Weight [LBS] Installed Weight [LBS]

0 0 0
357500 64200 80504
0 0 0
0 0 0
0 0 0

0 0 0
0 0 0
0 0 0

DHE TEMA EXCH B3


B3
Equipment mapped from 'B3'.

66.8348668686888

B
E
M

4.1579608
2027.77777777778
35
0.0254

2.4342108
2027.77777777778
2000

6.096

0.03175

1
1
Quoted equipment
C B11 C B8 C B12
B11 B8 B12
Equipment mapped from 'B11'. Equipment mapped from 'B8'. Equipment mapped from 'B12'.
100 100 100

0 0 0
Cost Units
USD/H
USD/H
USD/H

Utility Cost [USD/HR]


0.013449
0
0
4.67892
0
0
0
0

Sizing Errors Evaluation Errors


ERROR> 'HE - 1' SPECIFIED AREA DIFFERS FROM
CALCULATED AREA BY >10 PERCENT.
Heat transfer area INPUT: 1.341 CALC: 5.236 SF

ERROR> 'HE - 4' STRESS FOR SHELL MATERIAL IS ZERO.


ERROR> 'AT - 6' MAXIMUM TEMPERATURE EXCEEDED
FOR MATERIAL 'SS304'
ERROR> 'AT - 6' MAXIMUM TEMPERATURE EXCEEDED
FOR MATERIAL 'SS304'
IS ZERO.

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