Fall 2012 ME 395 - GSI Josh Lacey

This is a discussion forum for Josh Lacey's lab sections of Fall 2012 ME 395.
HomeHome  CalendarCalendar  FAQFAQ  SearchSearch  MemberlistMemberlist  UsergroupsUsergroups  RegisterRegister  Log inLog in  

Share | 

 Cost vs COP

Go down 

Posts : 8
Join date : 2012-09-12

PostSubject: Cost vs COP   Sat Oct 27, 2012 5:15 pm

Our cost savings analysis is indicating a different operating configuration than our best COP. Which is more important in this case? Should we go with the best cost savings and then just report the COP and Ts diagram for this case? bounce
Back to top Go down
View user profile
GSI Overlord

Posts : 126
Join date : 2012-08-30

PostSubject: Re: Cost vs COP   Sat Oct 27, 2012 6:31 pm

This is a really important question, and frankly it's quite critical to addressing the main deliverable in the task letter. Hopefully others will look at this as well.

The bottom line is to find the cheapest solution for the client; as with many engineering problems (and most situations) in real life, the almighty dollar drives everything. The client doesn't really care about the thermodynamic efficiency of the cycle, they just care about bottom line cost. So your optimal cycle and final recommendation will hinge on minimizing cost, not on maximizing COP.
Back to top Go down
View user profile http://fall2012me395.forumstopic.com
Cost vs COP
Back to top 
Page 1 of 1
 Similar topics
» Milk available in Wynnewood, PA
» Milk Needed on Whidbey Island
» McMinute Videos New - Cost: Taxpayers - £2m+/McCanns - Stamp on a letter!
» How do I ship milk?
» VAC " COLA " for 2013 is .... 1.80 % ....BELOW NAT. CPI AVERAGE OF 1.90% ....... Check your mthly Pay

Permissions in this forum:You cannot reply to topics in this forum
Fall 2012 ME 395 - GSI Josh Lacey :: Lab Questions :: Lab 5-
Jump to: