| Article ID: | iaor19911021 |
| Country: | Netherlands |
| Volume: | 18 |
| Issue: | 2 |
| Start Page Number: | 131 |
| End Page Number: | 138 |
| Publication Date: | Dec 1989 |
| Journal: | Engineering Costs and Production Economics |
| Authors: | Zaidman Beno, Cevidalli Guido |
| Keywords: | technology |
A methodology for a comparative evaluation of technologies in the process industries is proposed. An expression called the ‘Technology Equivalence Equation’ is set and offers the possibility of establishing areas of preference in terms of capacity and exogenous variables for two concurrent technologies to be compared. The scope of the methodology is discussed and numerical examples are offered. The application of the equation to the industrial chemistry of ethanol is presented.