Question: 3) Develop an algorithm to determine the minimum annualized cost of the unit operation you are designing for your capstone project. Discuss: Objective function to
3) Develop an algorithm to determine the minimum annualized cost of the unit operation you are designing for your capstone project. Discuss: Objective function to minimize annualized cost. Define system boundaries Identify Primary search variable Identify Available/set variables Identify system Contraints Formulate Equations to determine equipment size as function of the primary operating variable. Ie heat loss vs insulation thickness, power required vs pipe diameter.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
