| Review: |
Economics here is looked at as an aid to decision-making, by providing a regular systematic evaluation of R&D projects, and quantifying potential innovations and their consequences. The authors give the essential steps for market analysis for projects, especially in the refining and petrochemical industries. These include: comparative studies of the technical and financial issues, sensitivity studies showing the results of small and larger changes in input, sizing and costing plant equipment, estimated capital spending, calculating costs and retail prices etc. This updated volume looks at market analysis in greater depth and has been reorganized and updated. |