KuTenk 2000 - SMNG214301-Automation and Control Systems Economics, 2nd Edition

by Paul G. Friedmann 

2006 (186 pages)

ISBN:9781556179518

Covering the economic aspects of automation and process control, this book expands on how the tools of economic and financial analysis can be applied to automation projects, especially those concerned with continuous processes.

Automation and Control Systems Economics, 2nd Edition

Preface

Unit 1

-

Introduction and Overview

Unit 2

-

Basic Concepts

Part 1 - Estimation of Costs and Benefits

Unit 3

-

Benefit Identification

Unit 4

-

Benefit Estimation

Unit 5

-

Cost Estimation

Unit 6

-

Project Evaluation

Unit 7

-

Ammonia Plant Control-A Detailed Example

Part 2 - Estimations that Include Risks and Uncertainty

Unit 8

-

Including Risks in Cost Estimations

Unit 9

-

Including Risks in Benefit Estimations

Unit 10

-

Including Risks in Project Evaluations

Unit 11

-

Strategies for Risk Minimization

Unit 12

-

Sulfur Burner Control—a Detailed Example

Part 3 - Control and Automation of Discontinuous Processes

Unit 13

-

Economics of Batch Process Control

Unit 14

-

Economics of Automation

Appendix A

-

Suggested Readings and Study Materials

Appendix B

-

Solutions to All Exercises

Appendix C

-

Glossary of Economic Terms