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Process design depends on the accurate understanding of equipments integration and general flows (mass, energy, momentum) across a chemical plant. Process Synthesis, as a fundamental step for achieving the optimal conditions for obtaintion of a desired artifact, plays an important role on decision making for flowsheeting alternatives as well as general cost minimization. In order to link traditional chemical engineering procedures with systems engineering, the present book intends to present synthesis problems with the inclusion in its contents of important concepts/tools as: evolutionary and not only heuristic methods of decision and their connection with graphs theory. In this manner, this book first studies some benchmark applications from different networks structures and outlines the main general necessary steps and methods for process synthesis and suggests Black-Scholes option pricing formula as a valuable method for cost analysis if risk is present.
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