"A study of the return-on-investment (ROI) surfaces for a single reactor chemical plant (Westbrook (8)) with a discontinuous investment function confirms its unimodality in the valid region. In both cases studied, the return-on-investment surfaces rise smoothly to the adiabatic boundary from a singular flow rate below which two of the component flow are not physically realizable. The optimum is located on the adiabatic boundary.
Comparison with these surfaces shows that using linear regression to obtain the parameters for an algebraic simulation of investment does not yield ROI values acceptably near the optimal. However, an heuristic approach, which assumes that minimizing the recycle heat exchanger area requires the optimal design to lie on the adiabatic boundary, was correct"--Abstract, page ii.
Crosser, Orrin K.
Gaddy, J. L.
Rigler, A. K.
Chemical and Biochemical Engineering
M.S. in Chemical Engineering
La Universidad de Costa Rica
University of Missouri--Rolla
vi, 47 pages
© 1974 Jose Antonio Martinez-Ortiz Casas, All rights reserved.
Thesis - Open Access
Response surfaces (Statistics) -- Computer simulation
Chemical plants -- Design and construction -- Costs
Chemical plants -- Costs
Rate of return -- Computer simulation
Print OCLC #
Electronic OCLC #
Link to Catalog Record
Martinez-Ortiz, Jose Antonio Casas, "Study of the return-on-investment surface of a small chemical plant" (1974). Masters Theses. 3442.