Engineering Economy Project: Water Treatment Plant Process Costs

 

What are the limits to giving an answer that will for certain solve the problem(s)? In other words, what are the internal variables and external variables that could change over time that would change the predicted outcome and therefore solutions to the problem(s)?

 

REferences

 

Marzouk, M., & Elkadi, M. (2016). Estimating water treatment plants costs using factor analysis and artificial neural networks. Journal of Cleaner Production, 112, 4540-4549. Retrieved from https://doi.org/10.1016/j.jclepro.2015.09.015

 

Tuser, C. (2020). Water and Waste Digest: What is Aeration for Wastewater Treatment?. Retrieved from https://www.wwdmag.com/aeration/what-aeration-wastewater-treatment

Farrokhpay, S. (2020). Water Treatment Plants: Technology and Approaches. Arcler Press. EBSCOhost Database 

Fridson, M. S., & Alvarez, F. (2002). Financial Statement Analysis: A Practioner's Guide. Wiley.

 

Higgins, W., & Kern, J. (2018, January 22). Too Much Air? Understanding the Critical Role of Aeration Systems. Retrieved from https://www.tpomag.com/editorial/2016/03/too_much _air_understanding_the_critical_role_of_aeration_systems 

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In the context of an engineering economy project focusing on water treatment plant process costs its crucial to acknowledge the inherent uncertainty a... View the full answer