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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.21 : The cost of building a biochemical processing plant is increasing due to inflation. Let I = inflation rate, R = nominal interest rate, r = real interest rate. According to Fisher Equation, (1 + r)(1 + I) = (1 + R). According to General Inflation Equation, R = r + I. (a) By assuming that both r and I are fairly small, prove by mathematical calculations that complicated Fisher Equation could be simplified into the General Inflation Equation. (b) By using 2 first order Taylor expansions in the linear approximation, namely 1 / (1 + x) ≈ (1 - x), (1 + x)(1 + y) ≈ 1 + x + y, show by mathematical calculations that (1 + r) = (1 + R) / (1 + I) could be approximated by r ≈ R - I.
How can viscosity affect the design of a mixer?
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Explain why is post-weld heat treatment (stress relieving) sometimes necessary for welded vessels?
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Explain the method adopted to minimize shell side pressure drop in a shell?
REACTION ENGINEERING - EXAMPLE 13.2 : A batch reactor is designed for the system of the irreversible, elementary liquid-phase hydration of butylene oxide that produces butylene glycol. At the reaction temperature T = 323 K, the reaction rate constant is k = 0.00083 L / (mol - min). The initial concentration of butylene oxide is 0.25 mol / L = Ca. The reaction is conducted using water as the solvent, so that water is in large excess. (a) Let the molecular weight of water is 18 g / mol and the mass of 1 kg in 1 L of water, calculate the molar density of water, Cb in the unit of mol / L. (b) Determine the final conversion, X of butylene oxide in the batch reactor after t = 45 min of reaction time. Use the formula X = 1 - 1 / exp [ kt (Cb) ] derived from material balance. (c) Find the equation of t as a function of X.
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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.13 (CORRECTION) : (i) In the Present Value Multiplication Rule, let PV = present value, Ra = interest rate for first discount, A = duration for first discount; Rc = interest rate for second discount, C = duration for second discount. Let PV = [ 1 / (1 + Ra) ^ A ] [ 1 / (1 + Rc) ^ C ] where ^ is the symbol of power : 3 ^ 2 = 3 x 3, 2 ^ 3 = 2 x 2 x 2. (a) For discounts involving 8 % / year for 3 years and 10 % / year for 9 years, find the value of PV. (b) If Re = interest rate for third discount, E = duration of third discount, form a mathematical equation of PV as a function of A, C, E, Ra, Rc, Re. Note : Discounts are available in the purchase of certain biochemical engineering instruments. (ii) Let R = nominal interest rate related to growth rate of money, r = real interest rate related to growth rate of purchase power. If I = inflation, where the unit of R, r and I is %, find the mathematical relationship of r as a function of R and I.
name of the fraction at which benzene xylene and toulene is obtained during coal tar distillation
Why is a vacuum breaker used on shell and tube heat exchangers that are utilizing steam as the heating utility?
ENGINEERING NUMERICAL METHODS - EXAMPLE 19.3 : 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.
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