Processes Evaluation and Management

Abstract

Experimental investigation of natural gas hydration processes and evaluation of experimental processes are used as a means to evaluation of processes scaled up and processes industrialized. In this investigation an energy consumption evaluation parameter is introduced to evaluate a variety of processes. Parameter analyses indicate that process simplicity or process integration can decrease energy consumption. Moreover, the energy consumption evaluation parameter used as an economic criterion is converted into a process evaluation parameter. Analyses indicate that the process evaluation parameter is relevant to technology level and resource consumption for a system, which can make it applicable to economic analysis and venture forecasting for optimal capital utilization. If some views of game theory are introduced to model equation under the conditions of perfect competition and political factor should be considered, then it is more helpful to evaluate processes being good or bad and how to implement management for them.