Abstract
Determining the sizes of heat exchangers which minimize the cost of a crude preheat train were investigated. SIMAN was used to simulate the system for different overdesign factors, and it was found out that the operating cost was minimized by maximiz ing the furnace coil outlet temperature.
An overdesign factor of 10% yielded the best results; this is less than the 25% normally used in practice. This suggests that time- dependent simulation can lead to tighter control of overdesign in the design of process equipment under risk and uncertainty conditions. Time-dependent simulations are rarely used in the chemical process industry.
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