Opening the book…
Important Equations
| Gross Economic Potential (GEP) | GEP = Value of Products – Value of Feeds |
| Net Economic Potential (NEP) | NEP = GEP – production costs |
| Capital Costs (CC) | CC = Total cost of plant design and construction |
| Return of Investments (ROI) | ROI = NEP/CC*100% |
Terms to Know
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