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Engineering Economics and Problem Solving: CHE 4N4
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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. As requested in the course evaluation, some practice questions have been posted.
- 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 So if you find an outdated steam price, ratio it against the price of natural gas to get current pricing.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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