Chemical Engineering Plant Economics
Gantt chart (or Bar chart) is helpful in

Inventory control
Efficient despatching of products
Efficient utilisation of manpower and machines
Preparing production schedule

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Chemical Engineering Plant Economics
Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost x (index value/(index value at original cost was obtained) The most major component of this cost index is

Fabricated equipment and machinery
Process instruments and control
Electrical equipments and material
Pumps and compressor

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