ENGINEERING ECONOMICS I TO INVEST, OR NOT TO INVEST, THAT IS THE QUESTION. (With apologies to William Shakespeare) Given one or more potential projects, how do we decide in which to invest, if any? What criteria do we use to evaluate potential projects?
WHAT IS ASPEN? A computer program for steady-state process simulation (a.k. process Flowsheeting) Developed for the simulation of Chemical Petrochemical Processes Coal-based Processes Petroleum Refining Polymer Processes One of many commercially available flowsheeting programs such as PROII (Simulation Sciences) HYSIM (Hyprotech)