ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.26 : In a construction accounting for a biochemical processing plant, $A has been spent to date, and another $B is expected required to complete the construction project. The biochemical processing plant is expected to generate a total revenue of $C. Calculate the : (a) estimated total costs; (b) percentage completion of project; (c) total estimated profit; (d) profit to date.
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.26 : (a) Costs = $A + $B. (b) Percentage = 100 ($A) / ($A + $B). (c) Total profit = $C - ($A + $B). (d) Profit to date = [ answer (b) ] [ answer (c) ] / 100 = (100 / 100) [ ($A) / ($A + $B) ] [ $C - ($A + $B) ] = ($A) ($C) / ($A + $B) - ($A). The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.7 : An engineering investor purchases a $1000 bond that matures in 25 years. The coupon rate is 8 %. The purchase price is at 95 or 95 % of the par bond value. (a) What is the purchase price of the bond? (b) How much discount is enjoyed by the investor on average each year? (c) Find the income generated from coupon rate each year. (d) Find the overall interet rate or Yield to Maturity (YTM) by using the formula : YTM = [ Answer in (c) + Answer in (b) ] x 200 / [ par bond value + Answer in (a) ].
QUANTUM CHEMISTRY AND CHEMICAL ENGINEERING - EXAMPLE 31.8 : (a) Acceptable wavefunction in quantum mechanics in the range of : negative infinity < x < positive infinity, vanishes at least at one boundary. Which of the following is the wavefunction or are the wavefunctions of acceptable theory : P = x, P = | x |, P = sin x, P = exp (-x), P = exp (-| x |)? State the reason. (b) Let linear momentum operator P = -ih d / dz. The wavefunction is S = exp (-ikz) where i x i = -1, k and h are constants. Find the linear momentum of such wavefunction by using the term P x S.
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CHEMICAL MATERIAL BALANCE - EXAMPLE 2.3 : A 1.5 weight % aqueous salt solution is concentrated to 4 weight % in a single-effect evaporator. The feed rate to the evaporator is F = 7500 kg / h and the feed is at 85 degree Celsius. The evaporator operates at 1 bar. By assuming that only pure solvent of water exists in the form of vapor from the feed, calculate the flow rate of such vapor V.
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EXAMPLE 34.14 : For a formula of y = [ 1 - 1 / (1 + r) ^ n ] / r, let y = present value, r = interest rate / year, n = number of years to future value of 1 : (a) Find a simple mathematical relationship of y as a function of r when n = 1 million years. (b) What is the present value of $10000, if the annual discount rate is 10 %, forever?
Question 57 – There are 2 simultaneous equations : (A1) x + (B1) y = D1 and (A2) x + (B2) y = D2. (a) By using Excel program, find the values of x and y when A1 = 80, A2 = 150, B1 = 52, B2 = 100, D1 = 3.5 and D2 = 2.3. (b) Write the expression of Excel in the form of =MMULT(MINVERSE(W:X),Y:Z) in order to get the values of x and y. W, X, Y and Z may be A1, A2, B1, B2, D1 and D2.
PROCESS DESIGN - EXAMPLE 21.2 : The names of the flow streams could be represented by : H1 for first hot stream, H2 for second hot stream, C1 for first cold stream, C2 for second cold stream. Data of supply temperature Ts in degree Celsius : 150 for H1, 170 for H2, 30 for C1, 30 for C2. Data of target temperature Tt in degree Celsius : 50 for H1, 169 for H2, 150 for C1, 40 for C2. Data of heat capacity Cp in kW / degree Celsius : 3 for H1, 360 for H2, 3 for C1, 30 for C2. (a) Find the enthalpy changes, dH for all streams of flow H1, H2, C1 and C2 in the unit of kW. Take note of the formula dH = (Cp) (Tt - Ts). (b) Match the hot streams H1 and H2 with the suitable cold streams C1 and C2 to achieve the maximum energy efficiency.
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Question 73 - (a) A dryer reduces the moisture content of 100 kg of a potato product from 80 % to 10 % moisture. Find the mass of the water removed in such drying process. (b) During the drying process, the air is cooled from 80°C to 71°C in passing through the dryer. If the latent heat of vaporization corresponding to a saturation temperature of 71°C is 2331 kJ / kg for water, find the heat energy required to evaporate the water only. (c) Assume potato enters at 24°C, which is also the ambient air temperature, and leaves at the same temperature as the exit air. The specific heat of potato is 3.43 kJ / (kg °C). Find the minimum heat energy required to raise the temperature of the potatoes. (d) 250 kg of steam at 70 kPa gauge is used to heat 49,800 cubic metre of air to 80°C, and the air is cooled to 71°C in passing through the dryer. If the latent heat of steam at 70 kPa gauge is 2283 kJ / kg, find the heat energy in steam. (e) Calculate the efficiency of the dryer based heat input and output, in drying air. Use the formula (Ti - To)/(Ti - Ta) where Ti is the inlet (high) air temperature into the dryer, To is the outlet air temperature from the dryer, and Ta is the ambient air temperature.
Question 52 - The half-life for first order reaction could be described in the differential equation dC / dt = -kC where k is a constant, C is concentration and t is time. (a) Find the equation of C as a function of t. (b) Find the half life for such reaction or the time required to reduce 50 % of the initial concentration, where k = 0.139 per minute. (c) When the initial concentration Co is 16 mol / cubic metre, how long does the reaction required to achieve the final concentration of 1 mol / cubic metre?