Engineering Economics

Feasibility Study, Project Appraisal, Project Valuation, Economic Investment Decision-Making

Process Engineering Economics (Chemical Industries) outlines the fundamental concepts and strategies for economic assessments for informed management decisions in industry. The book illustrates how to prepare capital cost and operating expense estimates, profitability analyses, and feasibility studies, and execute sensitivity and uncertainty assessments. From financial reports to opportunity costs and engineering trade-offs, Process Engineering Economics considers a wide range of alternatives for profitable investing and for projecting outcomes in various chemical and engineering fields and monitors costs, finances, and economic limitations at every stage of chemical project design, preparation, and evaluation.

Transportation infrastructure is often referred to as society’s bloodstream. It allows for the movement of people and goods to provide the ability to optimize the production and distribution of goods in an effective and efficient manner, and to provide personal opportunities for employment, recreation, education, health care, and other vital activities.