ECON performs cost calculations and economic analysis of a process using a collection of published cost models. The input is the stream summary from a process simulator plus the sizing parameters of the unit operations used. ECON has its own database of location dependent cost parameters, that can be changed or augmented by the user
ECON software consists of 3 groups with 7 sections as shown below. For Add database, all of the information on Raw material and Product Price and production rate and Equipment and Utility will be added. For the ECON calculation, Capital Investment, Operation Cost, and Economic analysis will be analyzed. Lastly, a Case study will allow users to do the sensitivity analysis and compare the economic changes.
Direct and Indirect cost
Purchase cost and Utility cost Pie chart