Can cost accounting be included in the evaluation of equipment performance?
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This post was last edited by lflsedin on 2015-6-29 at 21:51. Dear colleagues in the chemical industry, let’s discuss whether tasks such as cost accounting, material balance, and heat balance can be included in the performance evaluation of plants. Performance evaluation is used to determine whether a plant’s performance meets the values specified in its initial design. The operating conditions during such evaluations are often optimal or relatively ideal; therefore, it’s unclear whether the data obtained from these evaluations can serve as a reference for cost accounting of the plant
I am currently organizing the performance evaluation work. In my opinion, the performance evaluation of chemical processing units focuses on key indicators such as output, quality, consumption, and emissions of waste substances. Material balance and heat balance fall under the category of consumption, and it is essential to evaluate these indicators in actual assessments!
Cost accounting should be included in the evaluation of equipment performance; otherwise, how can we assess the quality of that equipment’s performance?
Cost accounting must be included in the performance evaluation of installations, as in actual production, the consumption of many raw materials and adjustments to process parameters can all have an impact on production costs； The production of such devices often relies on design parameters and the experience of other manufacturers as a guide. However, in actual chemical manufacturing processes, especially in the coal chemical industry where large-scale and extensive production methods are used, each device has its own characteristics, and there are many areas that can be improved. For example, additives, flocculants, dispersants, and hydrazine used in gasification incur high annual procurement costs; finding ways to reduce these expenses by adjusting according to actual production conditions is something that device manufacturers need to consider.