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Business & Economics :: Cost Engineering

April 24, 2014

Scaleup Options and Risk

Often constrained by cost and time, engineers must take calculated risks in bringing a pilot process to commercial scale

Mike Simard, Renmatix, Inc.

Once a process is deemed commercially viable, engineering and business criteria determine the scaleup strategy, eventually arriving at full commercialization. Often constrained by cost and time, engineers must take calculated risks in bringing a process to industrial production. These risks must be evaluated in terms of financial consequences and compared with the inherent costs required by additional testing at an intermediate scale to further increase process and scaleup knowledge....

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