Archives :: Business & Economics :: Cost Engineering
December 1, 2013
The topic of carrying out process engineering calculations in the most effective manner can be considered in these four ways: 1. The purpose of the calculation 2. The content of the calculation 3. The method used to carry out the calculation 4. The performer of the calculation The purpose of the calculation Engineers typically carry out calculations for a variety of purposes including the following...
September 27, 2011
In today’s economy, businesses have become more cash-conscious. The focus on expenses has become increasingly important to the bottom line. Typically, the top three business expenses are wages, raw material costs and taxes. If jobs are cut, or raw material purchases are reduced, margins may be salvaged in the short term, but over a period of time, lack of inventory and production shutdowns can prove...
July 1, 2010
With bio-based chemical production growing, and several newer companies ready to enter commercial production, indications are that biologically derived chemicals will be an increasing force in the petrochemicals market. But bio-based chemical producers must confront the bottom-line requirements of product performance and cost, rather than riding their products’ environmental benefits. Susan Sun...
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