658.155   MOD 
                         
                                                                        CONTENT 
                                                                                
                                                                                
                                                                                                                                Page 
                         
                         
                        Preface                                                                                                     ix 
                         
                        Section I          Fundamentals of Engineering Economics                                                     1 
                                           Engineering Economics for Chemical Engineers                                              3 
                                           Economic Analysis                                                                     116 
                                           Finance for Engineers                                                                 205 
                         
                        Section II         Techniques for Economic Analysis & Evaluations                                        211 
                                           Profitability, Sensitivity and Risk Analysis for Project Economics                    213 
                                           Risk Analysis                                                                         220 
                                           Simplifying Scaleup Cost Estimation                                                   224 
                                           Plant Cost vs. Capacity : New Way to Use Exponents                                    225 
                                           How to Use Mixed-Integer Programming                                                  231 
                                           Breakeven Analysis                                                                    238 
                                           Pitfalls in Evaluating R&D                                                            240 
                                           Analyzing Potential Research Projects                                                 242 
                                           Analyzing R&D Investments Via Dynamic Modeling                                        248 
                                           Forecasting for Sales and Production                                                  257 
                                           Revised Technique for Predesign Cost Estimating                                       264 
                                           Technological Forecasting for the Chemical Process Industries                         274 
                                           Correcting Economic Analyses                                                          283 
                                           The Human Equation in Economic Evaluations                                            287 
                                           A “Business” Approach to Capital-Budgeting Decisions                                  290 
                         
                        Section III        Costs of Process Equipment and Other  Items                                           297 
                                           CE Cost Indexes Maintain 13-Year Ascent                                               299 
                                           Cost Estimating for Major Process Equipment                                           301 
                                           Economic Pipe Insulation for Cold Systems                                             318 
                                           Installed Cost of a Distillation Column                                               327 
                                           Cost Estimation for Turbine Agitators                                                 332 
                                           Nomograph Updates Process Equipment Costs                                             336 
                                           Thick-Wall Pressure Vessels                                                           339 
                                           Costs of Process Instrucments                                                         343 
                                           Costs of Viscosity, Weight, Analytical Instruments                                    360 
                         Control-Panel Costs                                                                                     365 
                                           Safety Instruments and Control-Valve Costs                                            369 
                                           Estimating the Costs of Gas-Cleaning Plants                                           376 
                                           Cost of Standard-Sized Reactors and Storage Tanks                                     387 
                                           Capital and Operating Costs for 54 Chemical Processes                                 289 
                                           How Much Working Capital Will the New Project Need?                                   406 
                         
                        Section IV         Cost Engineering and Plant Construction                                               411 
                                           Construction Contracts                                                                413 
                                           Economics of Plant Startups                                                           418 
                                           The Proposal Manager’s Work                                                           421 
                         Overtime-Pay Problems                                                                                   426 
                                           Contracting for New Construction                                                      430 
                         Building-Cost Escalation                                                                                433 
                                           Cost of Preparing Proposals                                                           437 
                         
                         
                         
                      Section V        Choosing the Right Economic Alternative                                       439 
                                       How to Make the Correct Economic Decision on Spare Equipment                  441 
                                       Economic Evaluation of Future Equipment Needs                                 446 
                                       Saving Energy and Costs in Pumping Systems                                    449 
                                       The Cost of Missing Pipe Insulation                                           453 
                                       Economic Penalties of Operating a Process at Reduced Capacity                 455 
                                       Selecting a Vacuum Producer                                                   459 
                                       Designing for Usable Capacity, Usable Quality                                 463 
                                       Shall We Buy that New Equipment?                                              467 
                                       Cost Comparisons of Analog-Control and Computer-Control Systems               469 
                                       New Method Gives Quick, Accurate Estimate of Distillation Costs               472 
                                       Equipment Buying Decisions                                                    478 
                                       Relative Metal Economy of Pressure-Vessel Steels                              482 
                                       Operating vs. Capital Costs : Evaluating Tradeoff Benefits                    484 
                       
                      Section VI       Operating Costs and Related Topics                                            491 
                                       Meaningful Production Costs                                                   493 
                                       Cost-Improvement Techniques                                                   498
                                       How to Estimate Operating Costs and Depreciation                              509 
                                       Developing and Evaluating a Manufacturing-Cost Estimate                       513 
                                       Before You Buy, What About maintenance Costs?                                 516 
                                       Earned Value : Tool for Measuring R&D                                         518 
                                       Value Engineering – A Money-Saving Tool                                       520 
                                       Estimating Marketing Costs                                                    523 
                                       Estimating Mill Costs at Low Production Rates                                 526 
                                       Thermodynamics Helps You Predict Selling Price                                529 
                                       Stretch Distribution Dollars                                                  532 
                                       Predicting Chemical Prices                                                    538 
                       
                      Section VII      Topical Cost Engineering …Inflation…Energy Conservation…Environmental  
                       Control                                                                                       543 
                                       Machinery Costs vs. Energy Conservation                                       545 
                                       How to Estimate and Escalate Costs of Wastewater Equipment                    548 
                                       Economics of Process Heat from Solar Energy                                   555 
                                       Putting Inflation into Profitability Studies                                  559 
                                       How to Assess Inflation of Plant Costs                                        564 
                                       Effects of Inflation and Escalation on Plant Costs                            572 
                                       Cost Escalation : Its Impact on Purchased Equipment                           575 
                                       A Method for Forecasting the CE Plant Cost Index                              577