Subject category:
Production and Operations Management
Published by:
INSEAD-Wharton Alliance
Version: 06.2015
Revision date: 5-Apr-2016
Length: 17 pages
Data source: Field research
Notes: To maximise their effectiveness, colour items should be printed in colour.
Abstract
In a revolutionary technology plant, iron ore is converted into pure iron by hydrogen reduction. The case describes the process flow, including flow diagrams, mass balances, yields, and equipment uptimes. The case then describes the fixed and variable cost structure of labour, material and equipment, resulting in an analysis of the plant economics. This case enables the student to analyse a continuous process flow, translating an operational process description into economic performance. Based on the economic analysis improvement projects can be prioritised.
About
Abstract
In a revolutionary technology plant, iron ore is converted into pure iron by hydrogen reduction. The case describes the process flow, including flow diagrams, mass balances, yields, and equipment uptimes. The case then describes the fixed and variable cost structure of labour, material and equipment, resulting in an analysis of the plant economics. This case enables the student to analyse a continuous process flow, translating an operational process description into economic performance. Based on the economic analysis improvement projects can be prioritised.