- Windows
- Office Tools
- Calculators
- ChemEng Economics Calculator
ChemEng Economics Calculator
Description
The ChemEng Economics Calculator latest version 1.4.0.2470 stands out as a must-have tool for those in the chemical engineering industry. Developed by WeBBusterZ Engineering Software, this software is available for free download and supports operating systems including Windows XP, 7, 8, 10, and 11. The program file names, chem economic calc demo.exe, and chem economic calc.exe, make installation straightforward and convenient.
Categorized under Office Tools with a subcategory of Calculators, the ChemEng Economics Calculator excels in performing the basic method of estimating the Net Present Value (NPV) of process plants. Its intuitive interface allows users to navigate seamlessly through its features, which are invaluable tools for engineers. The software processes calculations starting from Fixed Capital Investment by letting users choose the 'Purchased Cost' or 'Installed Costs' of plant items. It then accurately estimates both Fixed & Total Capital Investment.
The tool simplifies the estimation of Operating Labour by listing auxiliary facilities and process equipment to calculate the Total Number of Operators Needed and the Annual Cost of Operating Labour. Users can input the expected annual salary of operators and the number of units in the plant to find out the Number of Operators Needed per Shift.
Additionally, it computes Utilities, providing an estimate of the Total Utility Costs/Year. It also covers Raw Materials & Profits by calculating the annual cost of raw materials and product profits. The program takes on the task of calculating Annual Production Costs with a high level of customization.
The Assumptions feature offers flexibility, allowing users to tailor various parameters, including plant construction period (up to 5 years), depreciation period (3 to 20 years), plant operation period (up to 20 years), tax rate, discounted cash flow rate, salvage value, and inflation rate.
Other versions of this useful program include 1.4, and 1.0, ensuring that updates have continually improved functionality and user experience.
Pros:
- Easy to use with a straightforward interface.
- Comprehensive features for NPV estimation.
- Customizable assumptions to fit specific needs.
- Free download availability.
Cons:
- Limited to Windows operating systems.
- May require a learning curve for advanced features.
Overall, the ChemEng Economics Calculator is a powerful, user-friendly tool for chemical engineers focusing on economic calculations. Its versatility and ease of access through the free download make it an essential addition to any engineer's toolkit.
You may want to check out more software, such as DataPro by ChemEng Software Design, Free Percentage Calculator or Rad Pro Calculator, which might be related to ChemEng Economics Calculator.
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