Estimation of production cost and revenue: Difference between revisions

From processdesign
Jump to navigation Jump to search
No edit summary
Line 29: Line 29:
====Reference Books====
====Reference Books====
===Price Forecasting===
===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.
# 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 22:20, 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

  1. Wankat, P.C. (2012). Separation Process Engineering. Upper Saddle River: Prentice-Hall.
  2. Towler, G.P. and Sinnot, R. (2012). Chemical Engineering Design: Principles, Practice and Economics of Plant and Process Design.Elsevier.
  3. Biegler, L.T., Grossmann, L.E., and Westerberg, A.W. (1997). Systematic Methods of Chemical Process Design. Upper Saddle River: Prentice-Hall.
  4. Peters, M.S. and Timmerhaus, K.D. (2003). Plant Design and Economics for Chemical Engineers, 5th Edition. New York: McGraw-Hill.
  5. Seider, W.D., Seader, J.D., and Lewin, D.R. (2004). Process Design Principles: Synthesis, Analysis, and Evaluation. New York: Wiley.
  6. 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.
  7. 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.
  8. 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.
Retrieved from "https://design.cbe.cornell.edu/index.php?title=Estimation_of_production_cost_and_revenue&oldid=1222"