Automation and control systems economics /

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Friedmann, Paul G.
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Research Triangle Park, N.C. : ISA, Ã2006.
Edición:2nd ed.
Temas:
Production engineering.
Manufacturing processes.
Technique de la production.
Fabrication.
manufacturing.
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Machine derived contents note: Table Of Contents
  • Comments about this Volume ix
  • Acknowledgments. ix
  • Unit 1
  • Introduction and Overview 3
  • 1-1.
  • Course Coverage. 3
  • 1-2.
  • Purpose. 3
  • 1-3.
  • Audience and Prerequisites 4
  • 1-4.
  • Study Material. 4
  • 1-5.
  • Organization and Sequence 4
  • 1-6.
  • Course Objectives 5
  • Unit 2
  • Basic Concepts 9
  • 2-1.
  • Measures of Performance 9
  • 2-2.
  • Cash Flows. 11
  • 2-3.
  • Costs 11
  • 2-4.
  • Benefits 13
  • 2-5.
  • Project Evaluation. 13
  • 2-6.
  • Uncertainty and Probability 14
  • 2-7.
  • Risk 14
  • Exercises. 15
  • Unit 3
  • Benefit Identification 21
  • 3-1.
  • Starting a Project 21
  • 3-2.
  • How Will It Make Money? 21
  • 3-3.
  • Higher Output. 22
  • 3-4.
  • Lower Utility Costs. 23
  • 3-5.
  • Better Yield 24
  • 3-6.
  • Fewer Unwanted Byproducts 25
  • 3-7.
  • Less Labor 26
  • 3-8.
  • Better Quality 26
  • 3-9.
  • Quantifiable Benefits from Reducing Pollution 27
  • 3-10. Quantifiable Benefits from Improving Safety 28
  • References 28
  • Exercises. 29
  • Unit 4
  • Benefit Estimation 33
  • 4-1.
  • How Much Money? 33
  • 4-2.
  • Information Requirements 33
  • 4-3.
  • Estimation of Control Performance Improvement 35
  • 4-4.
  • Translation to Process Improvement 37
  • 4-5.
  • Translation into Dollars 41
  • 4-6.
  • Representation as Cash Flow Table 42
  • References 42
  • Exercises. 43
  • Unit 5
  • Cost Estimation 47
  • 5-1.
  • How Much Will It Cost? 47
  • 5-2.
  • Instrumentation 48
  • 5-3.
  • Control System Hardware and Software 49
  • 5-4.
  • Application Software 49
  • 5-5.
  • Installation and Commissioning 50
  • Unit 6 6-1.
  • 6-2.
  • 6-3.
  • 6-4.
  • 6-5.
  • 6-6.
  • Unit 7 7-1.
  • 7-2.
  • 7-3.
  • 7-4.
  • 7-5.
  • Unit 8 8-1.
  • 8-2.
  • 8-3.
  • 8-4.
  • 8-5.
  • Unit 9 9-1.
  • 9-2.
  • 9-3.
  • 9-4.
  • 9-5.
  • Unit 10
  • Unit 11
  • Training 50
  • Operating Costs 51
  • Representation as a Cash Flow Table 51
  • References 52
  • Exercises. 52
  • Project Evaluation 57
  • Is
  • It Worth Doing? 57
  • Project Cash Flow Table. 57
  • Nondiscounted Evaluation Methods. 58
  • Discounted Evaluation Methods 60
  • Using a Spreadsheet 63
  • Selection Among Proposals. 64
  • References 67
  • Exercises. 67
  • Ammonia Plant Control- A Detailed Example 71
  • Benefit Identification 71
  • Benefit Evaluation. 71
  • Cost Evaluation 74
  • Project Evaluation. 75
  • Epilogue 76
  • References 77
  • Exercises. 77
  • Including Risks in Cost Estimations 83
  • How Much Is It Really Likely to Cost? 83
  • Cost Risk Factors. 85
  • The Most Likely Source of Cost Overruns 86
  • Assigning Probabilities 86
  • Estimating Expected Cost 88
  • Reference 88
  • Exercises. 88
  • Including Risks in Benefit Estimations 93
  • How Much Money Is It Really Likely to Make? 93
  • Technological Risks 93
  • Commercial Risks 96
  • 9-4. Assigning Probabilities. 96
  • Probability Trees 97
  • Exercises. 99
  • Including Risks in Project Evaluations 103
  • Is
  • It Really Worth Doing? 103
  • Scenarios and Probabilities 103
  • Cash Flows. 105
  • Evaluation 107
  • Presenting the Results 108
  • References 110
  • Exercises. 110
  • Strategies for Risk Minimization 113
  • Avoiding the Untried 113
  • Keeping It Simple 114
  • Unit 12
  • Unit 13
  • Unit 14
  • Testing of Critical Components 114
  • Modeling and Simulation 115
  • Redundancy. 115
  • Decision Trees 116
  • Reference 117
  • Exercises. 117
  • Sulfur Burner Controlā Detailed Example 121
  • Benefit Identification 121
  • Sensor Risk. 122
  • Implementation Risk 123
  • Risk Avoidance Strategies 123
  • Benefit Evaluations. 123
  • Cost Evaluation 124
  • Project Evaluation. 125
  • Epilogue 127
  • Reference 127
  • Exercises. 128
  • Economics of Batch Process Control 133
  • Batch Process Characteristics 133
  • Costs 135
  • Benefits 135
  • Strategies 136
  • References 138
  • Exercises. 138
  • Economics of Automation 143
  • Definitions 143
  • Costs 143
  • Benefits 144
  • Strategies 145
  • References 148
  • Exercises. 148
  • Suggested Readings and Study Materials 153
  • Solutions to All Exercises. 157
  • Glossary of Economic Terms. 173
  • Index 175
  • Table of Contents
  • 5-6. 5-7. 5-8.
  • 10-1.
  • 10-2.
  • 10-3.
  • 10-4.
  • 10-5.
  • 11-1.
  • 11-2.
  • Table of Contents
  • 11-3. 11-4. 11-5. 11-6.
  • 12-1.
  • 12-2.
  • 12-3.
  • 12-4.
  • 12-5.
  • 12-6.
  • 12-7.
  • 12-8.
  • 13-1.
  • 13-2.
  • 13-3.
  • 13-4.
  • 14-1.
  • 14-2.
  • 14-3.
  • 14-4.
  • Appendix A
  • Appendix B
  • Appendix C.

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