UNIT I: PROCESS DESIGN DEVELOPMENT
Technical feasibility survey, process development, flow diagrams, equipment design
and specifications.
UNIT II: GENERAL DESIGN CONSIDERATION
Marketability of the product, availability of technology, raw materials, equipments, human resources, land and utilities, site characteristics, waste disposal, govt. regulations and other legal restrictions, community factors and other factors affecting investment and production costs.
UNIT III: COST ESTIMATION I
Capital investments- fixed capital investments including land, building, equipments and utilities, installation costs (including equipments, instrumentation, piping, electrical installation and other utilities), working capital investments.
UNIT IV: COST ESTIMATION II
Manufacturing costs- Direct Production costs (including raw materials, human resources, maintenance and repair, operating supplies, power and other utilities, royalties. etc.), fixed charges (including depreciation, taxes, insurance, rental costs etc.),
UNIT V: PLANT OVERHEADS
Administration, safety and other auxiliary services, payroll overheads, warehouse and storage facilities etc.
UNIT VI: PROFITABILITY ANALYSIS
Profitability Analysis- return on original investment, interest rate of return, accounting for uncertainty and variations and future developments.
UNIT VII: OPTIMIZATION
Optimization techniques - Linear and Dynamic programming, Optimization strategies.
UNIT VIII: PATENTS, IPR AND IPP
Patent concept and its composition and protection of right and their limitation and IPR (Intellectual property rights). Intellectual property protection.
TEXT BOOKS:
1. Peters and Timmerhkus, Plant design and Economics for Chemical Engineers, McGraw Hill 4th Edition, 1989.
2. Rudd and Watson, Strategy of Process Engineering, Wiley. 1987
REFERENCE:
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