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b) A plant is producing 12,000 tly of a product. The overall yield is 80%, on a mass basis (kg of product per kg raw material). The raw material costs N12/1, and the product sells for N38/t. A process modification has been devised that will increase the yield to 75 per cent. The additional investment required is N45,000, and the additional operating costs are negligible. Advice on the modification if it is worth it?

b) A plant is producing 12,000 tly of a product. The overall yield is 80%, on a mass basis (kg of product per kg raw material). The raw material costs N12/1, and the product sells for N38/t. A process modification has been devised that will increase the yield to 75 per cent. The additional investment required is N45,000, and the additional operating costs are negligible. Advice on the modification if it is worth it?

Introduction to Chemical Engineering Thermodynamics
Introduction to Chemical Engineering Thermodynamics
8th Edition
ISBN:9781259696527
Author:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Publisher:J.M. Smith Termodinamica en ingenieria quimica, Hendrick C Van Ness, Michael Abbott, Mark Swihart
Chapter1: Introduction
Section: Chapter Questions
Problem 1.1P
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b) A plant is producing 12,000 tly of a product. The overall yield is 80%, on a mass basis (kg of product per kg raw material). The raw material costs N12/1, and the product sells for N38/t. A process modification has been devised that will increase the yield to 75 per cent. The additional investment required is N45,000, and the additional operating costs are negligible. Advice on the modification if it is worth it?
Transcribed Image Text:b) A plant is producing 12,000 tly of a product. The overall yield is 80%, on a mass basis (kg of product per kg raw material). The raw material costs N12/1, and the product sells for N38/t. A process modification has been devised that will increase the yield to 75 per cent. The additional investment required is N45,000, and the additional operating costs are negligible. Advice on the modification if it is worth it?
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