Industrial & Engineering Chemistry Research, Vol.42, No.21, 5249-5255, 2003
Financial risk management in the design of water utilization systems in process plants
This paper discusses techniques to design water utilization systems in process plants when the parameters, especially the loads of the contaminants, are uncertain. Financial risk management in such designs is discussed in detail. It is also managed in a noniterative fashion using a one-step procedure that incorporates financial risk management as a constraint in the design procedure.