Guidelines for Cost Estimation by Analogy

1973 ◽  
Author(s):  
Clifton T. Trigg
Keyword(s):  
Cost Estimation ◽  
Estimation By Analogy

Biorefinery implementation for recovery debottlenecking at existing pulp mills- Part II: Techno-economic evaluation

TAPPI Journal ◽  
2012 ◽  
Vol 11 (8) ◽  
pp. 17-24 ◽  
Author(s):  
HAKIM GHEZZAZ ◽  
LUC PELLETIER ◽  
PAUL R. STUART
Keyword(s):  
Cost Estimation ◽  
Process Model ◽  
Black Liquor ◽  
Pulp Mill ◽  
Value Added ◽  
Economic Assessment ◽  
Extraction Process ◽  
Estimation Methods ◽  
Precipitation Process

The evaluation and process risk assessment of (a) lignin precipitation from black liquor, and (b) the near-neutral hemicellulose pre-extraction for recovery boiler debottlenecking in an existing pulp mill is presented in Part I of this paper, which was published in the July 2012 issue of TAPPI Journal. In Part II, the economic assessment of the two biorefinery process options is presented and interpreted. A mill process model was developed using WinGEMS software and used for calculating the mass and energy balances. Investment costs, operating costs, and profitability of the two biorefinery options have been calculated using standard cost estimation methods. The results show that the two biorefinery options are profitable for the case study mill and effective at process debottlenecking. The after-tax internal rate of return (IRR) of the lignin precipitation process option was estimated to be 95%, while that of the hemicellulose pre-extraction process option was 28%. Sensitivity analysis showed that the after tax-IRR of the lignin precipitation process remains higher than that of the hemicellulose pre-extraction process option, for all changes in the selected sensitivity parameters. If we consider the after-tax IRR, as well as capital cost, as selection criteria, the results show that for the case study mill, the lignin precipitation process is more promising than the near-neutral hemicellulose pre-extraction process. However, the comparison between the two biorefinery options should include long-term evaluation criteria. The potential of high value-added products that could be produced from lignin in the case of the lignin precipitation process, or from ethanol and acetic acid in the case of the hemicellulose pre-extraction process, should also be considered in the selection of the most promising process option.

Urban pollution control strategy: SBR technology to treat agricultural waste from pig farm in Indonesia

2019 ◽  
Vol 2 (2) ◽  
pp. 21
Author(s):  
Lindawati Lindawati
Keyword(s):  
Cost Estimation ◽  
Batch Reactor ◽  
Agricultural Waste ◽  
Cost Effective ◽  
Land Application ◽  
Pig Manure ◽  
Small Scale ◽  
Piggery Wastewater ◽  
Pig Farm ◽  
Number Of Customers

Reduction of food rations and shortages is one of the impacts of the increasing human population. Food sector industries then try to cope with the fast growing number of customers. Agribusiness sector gains its popularity in these recent years, including pig farm. The increase trend of animal farming industry is likely to bring increasing pollution problem unless effective treatment methods are used. The main problems related to the pig farm include odor nuisance and pig manure disposal. The existing land application of piggery wastewater is the traditional way to discharge the wastewater. This may yield in land and water contamination, due to the accumulation of unused nutrients by crop plant. A case study of a large commercial pig farm from Australia is proposed to apply in smaller scale in Indonesia. Operational strategies for the small-scale SBR (Sequencing Batch Reactor) treating piggery effluent were developed based on lab-scale experiments. Due to SBR characteristics, which are money-saving and space-saving, it is very suitable to be applied in urban area. An economic evaluation was made of various process options. The cost estimation showed that SBR is a cost effective process, allowing operational batches to be adjusted to reduce unnecessary aeration cost. A reduction in the aeration cost was achieved by shortening the batch time from 24-h to 8-h. A comparison of three different SBR options showed that smaller size reactors could be more flexible and cost effective when compared with the larger ones.

System engineering approaches to develop software for integrating well cost estimation

2019 ◽  
Vol 12 ◽  
pp. 33-37
Author(s):  
Yu.V. Maksimov ◽  
◽  
G.V. Sozonenko ◽  
A.A. Karachev ◽  
A.N. Khomitskiy ◽  
...  
Keyword(s):  
Cost Estimation ◽  
System Engineering ◽  
Develop Software

Mission Operations Cost Estimation Tool (MOCET) 2020/2021 Updates

ASCEND 2020 ◽  
2020 ◽  
Author(s):  
Marc R. Hayhurst ◽  
Brian Wood ◽  
Cindy Daniels ◽  
Lissa Jordin ◽  
Washito Sasamoto ◽  
...  
Keyword(s):  
Cost Estimation ◽  
Mission Operations
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