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.
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.21 : (a) Let (1 + R) = (1 + r)(1 + I) = 1 + r + I + rI, R = r + I + rI. When r ≈ I ≈ fairly small, R ≈ r + I (proven). (b) Let 1 / (1 + I) ≈ (1 - I), then (1 + r) ≈ (1 + R)(1 - I) ≈ 1 + R - I, then r ≈ R - I (shown). 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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Given, T1=600C, constant temperature of wall 800 , length of wit exchanger L=3m, dia=25 mm, Cp=14.91 KJ/kg.K, density ρ=914 kg/m3,mean velocity vm= 2 m/s, film heat transfer coefficient hf=72 Kcal/h.m2.K, what is the outlet temperature?
CHEMICAL MATERIAL BALANCE – EXAMPLE 2.6 : According to Raoult's law for ideal liquid, x (PSAT) = yP where x is mole fraction of component in liquid, y is mole fraction of component in vapor, P is overall pressure and PSAT is saturation pressure. A liquid with 60 mole % component 1 and 40 mole % component 2 is flashed to 1210 kPa. The saturation pressure for component 1 is ln (PSAT) = 15 - 3010 / (T + 250) and for component 2 is ln (PSAT) = 14 - 2700 / (T + 205) where PSAT is in kPa and T is in degree Celsius. By assuming the liquid is ideal, calculate (a) the fraction of the effluent that is liquid; (b) the compositions of the liquid and vapor phases. The outlet T is 150 degree Celsius.
we have 2 O2/Comb Analyzers Servomex Model 2700 in service for one of the furnaces in our chemical plant. It is giving High Temperature Alarm. Checked Temperature and found it to be 800 Deg C whereas Set Point is 700 Deg c. It is strange why is temperature not at SP. Also response is 23 % with 21 % Inst Air and with N2 reading is not coming down. please clarrify this issuses very urgent
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Question 101 - (a) Let | A > = (Aa Ab Ac), | B > = (Ba Bb Bc), | C > = (Ca Cb Cc). Find | A > + | C > - | B > in term of Aa, Ab, Ac, Ba, Bb, Bc, Ca, Cb and Cc. (b) Let d | E > = d (Ea Eb Ec) = (d Ea d Eb d Ec). If | E > = (6 7 8), find the value of 10 | E >.
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NATURAL GAS ENGINEERING - QUESTION 26.3 : The United States of America Energy Information Administration reports the following emissions in million metric tons of carbon dioxide in the world for year 2012 : Natural gas : 6799, petroleum : 11695, coal : 13787. Coal-fired electric power generation emits around 2000 pounds of carbon dioxide for every megawatt hour generated, which is almost double the carbon dioxide released by a natural gas-fired electric plant per megawatt hour generated. If 1 metric ton = 1000 kg and 1 pound = 0.4536 kg, estimate the total energy generated by natural gas in the world for year 2012, in gigawatt hour.
Question 105 - In a rigid rotor model in quantum chemistry, the moment of inertia I is given by an Equation E as I = Ma x La x La + Mc x Lc x Lc = m x L x L, where m = (Ma x Mc) / (Ma + Mc) and L = La + Lc, m is the reduced mass, Ma is the mass of a, Mc is the mass of c, La is the radius of a from point O, Lc is the radius of c from point O. Prove by simplest method that Equation E is wrong.
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