This software simplifies and guides the estimation of net present value for industrial process plants, covering factors such as fixed capital investment, operating labor, utility costs, raw materials, and production costs. It is user-friendly and streamlines the calculation process.

One of the essential features of the software is its Net Present Value calculator. It guides users through a series of calculations that aid in generating an accurate estimate. One of the core components of this section is the Fixed Capital Investment calculation. Users have the option to select from "Purchased Cost" of plant items, which enables the estimation of FIXED&TOTAL CAPITAL INVESTMENT (Direct and Indirect Costs), OR "Installed Costs" of plant items. In the latter case, the software uses a FIXED CAPITAL INVESTMENT multiplier to account for additional costs associated with building the plant.
Another crucial calculator is the Operating Labour calculator. This tool estimates the TOTAL NUMBER OF OPERATORS NEEDED & ANNUAL COST OF OPERATING LABOUR through a basic series of "Auxiliary Facilities" and "Process Equipment" lists. Users can easily enter the "Expected Annual Salary of Operators in The Plant" and "The Number of Units," after which the software will calculate the "THE NUMBER OF OPERATORS NEEDED PER SHIFT."
The Utilities calculator, another essential feature, calculates the "TOTAL UTILITY COSTS / YEAR." Users can also take advantage of the Raw Materials & Profits calculator to evaluate the ANNUAL cost of Raw Materials and ANNUAL Products Profits. For ANNUAL Production Costs, users can use customised calculations with the Production Costs calculator.
Assumptions form a core part of the software's functionality. The software uses assumptions to estimate the NET PRESENT VALUE, which users can customise to meet their specific needs. Users can tailor factors such as "Plant Construction Period (up to 5 Years)," "Depreciation Period (from 3 to 20 Years)," "Plant Operation Period (up to 20 Years)," "Tax Rate %," "Discounted Cash Flow Rate %," Salvage Value %," and set inflation rates.
In summary, ChemEng Economics Calculator is an easy to use and highly effective software for estimating the Net Present Value of a process plant. With its numerous calculators, customisable options, and easy setup, it is a must-have for engineers and economists looking to analyse their investments better. Visit webbusterz for more information.
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