Does your latest innovation make economic sense? Take this webinar to discover a valuable tool to guide your decision making.
Learn how to answer important questions before you invest in new technology, including: Is this technology profitable in its current state? If not, how much does it need to improve? In what ways? Which parameters should your R&D program focus on first? How sensitive are the process economics to market fluctuation? Explore how a good techno-economic model can help you understand your technology, efficiently explore the relationships between process parameters and financial metrics, and offer a basis for making objective decisions. Discover how to integrate and leverage process engineering techniques you’re already familiar with—such as process modeling, equipment sizing and economic calculations—into a single, holistic spreadsheet model. This webinar also offers new insight into sensitivity analyses, like tornado diagrams and Monte Carlo analyses, to direct your R&D and identify risks.
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