Chemical Reaction Engineering
Mean residence time is equal to the space time, when

There is no change in number of moles in gaseous reaction
The temperature, pressure and the density of reaction mixture remains constant throughout the reactor
The feed rate is measured at temperature and pressure in the reactor
All of these

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Chemical Reaction Engineering
A space time of 3 hours for a flow reactor means that

Conversion is cent per cent after three hours
Three reactor volumes of feed can be processed every hour
It takes three hours to dump the entire volume of the reactor with feed
The time required to process one reactor volume of feed (measured at specified conditions) is 3 hours

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