Web-Based Simulation Games for the Integration of Engineering and Business Fundamentals
Abstract
This paper describes a web-based suite of simulation games that have the purpose to enhance the chemical engineering curriculum with business-oriented decisions. Two simulation cases are discussed whose teaching topics include closing material and energy balances, importance of recycle streams, price-volume relationship in a dynamic market, impact of plant scale on capital, operating, and unit costs, and benefits vs. risks of pioneer plants.