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** [http://www1.eere.energy.gov/manufacturing/tech_deployment/pdfs/tech_brief_true_cost.pdf Cost of steam]: a publication from the DOE.
** [http://www1.eere.energy.gov/manufacturing/tech_deployment/pdfs/tech_brief_true_cost.pdf Cost of steam]: a publication from the DOE.
** Another [http://learnche.mcmaster.ca/media/mcmaster/Smith-and-Varbanov--What's-the-price-of-steam.pdf good article on pricing steam]
** Another [http://learnche.mcmaster.ca/media/mcmaster/Smith-and-Varbanov--What's-the-price-of-steam.pdf good article on pricing steam]
** Steam systems are complex "mini-plants" on their own, generating steam usually from natural gas. If you find an outdated steam price, ratio it against the price of natural gas to get current pricing
** From the above 2 articles you will gather that steam generation is a complex "mini-plant" in its own right, usually generating it using natural gas as an energy source. So if you find an outdated steam price, ratio it against the price of natural gas to get current pricing.
** ACO pricing is hard to come by, but ACO has similar physical properties to palmitic acid, or hexadecanoic acid. In the absence of better information, you may use this for pricing instead,
** ACO pricing is hard to come by, but ACO has similar physical properties to palmitic acid, or hexadecanoic acid. In the absence of better information, you may use this for pricing instead,


Revision as of 21:21, 18 October 2012

Engineering Economics and Problem Solving: CHE 4N4


Administrative Class materials
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Announcements (previous ones)

  • Update on the midterm : the midterm has been rescheduled to 29 October 2012, starting at 19:00 (please be at the venue from 18:45 onwards). It will be written in T29, room 101.
  • Some hints for the current assignment:
    • Costing should be done for 2011.
    • Cost of steam: a publication from the DOE.
    • Another good article on pricing steam
    • From the above 2 articles you will gather that steam generation is a complex "mini-plant" in its own right, usually generating it using natural gas as an energy source. So if you find an outdated steam price, ratio it against the price of natural gas to get current pricing.
    • ACO pricing is hard to come by, but ACO has similar physical properties to palmitic acid, or hexadecanoic acid. In the absence of better information, you may use this for pricing instead,
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  1. Course overview
  2. Group work and chairperson skills
  3. Engineering economics
  4. Process safety
  5. Life-long and self-directed learning
  6. Process troubleshooting
  7. Dealing with uncertainty (reference only)
  8. Process operability

Course pack for 2012


Assignments, tutorials, projects, exams Course calendar
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Assignments/Tutorials

Assignment questions will be available here. Parts of the assignments will be covered in the tutorial period.

  1. Personal finance SDL assignment/tutorial (Solutions covered in tutorial)
  2. Assignment 2: Time value of money (with solutions)
  3. Assignment 3: Profitability measures, depreciation, taxes and TVM (with solutions)
  4. Assignment 4: Sensitivity analysis, depreciation and taxes
  5. Assignment 5: Capital and operating cost estimation
  6. Assignment 6
  7. Assignment 7
  8. Assignment 8
  9. Assignment 9

New: Please follow these instructions when submitting electronically.

Tests, exams and project

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