Question
Plant Design is a major requirement for you to be able to graduate as a Chemical Engineer. Suppose you are a panelist, and you must
Plant Design is a major requirement for you to be able to graduate as a Chemical Engineer. Suppose you are a panelist, and you must evaluate if the design is feasible or not. You look at the breakdown of expenses, possible revenues, etc. Here are some important chapters and discussions taken from a certain plant design. (show explanation)
1. This plant design, entitled "IIVSDROP: The First Ear Dropper Solution Manufacturing Plant in the Philippines" considers a 30-year period of study, starting 2021, after finishing its construction by 2020. All projections, and interest rates set by the company shall be evaluated within this 30-year period. The inflation rate shall not be included in the computation and a minimum attractive rate of return is set at 20%.
2. Our company produces ear dropper solution which can be sold for PHP. 125.00 per bottle. Annually, the company can produce 1000 pallets of the product. Each pallet is stacked with 14 layers and each layer consists of 8 boxes. A box contains 12 bottles of ear dropper for wholesale purposes. In addition, the company also ventures for retail services.
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