Abstract:The exergoeconomic theory is applied to a two stage vapour compression refrigeration cycle. An exergy-aided cost analysis, taking into account pressure drops and heat gain/loss for all of the components in the refrigeration system as well as the pipe connections, has been made. Exergoeconomic factors, showing whether the monetary expenditures mostly originate from capital investment and Operating and Maintenance (O&M) costs or from exergy destruction and exergy loss, are found and shown in the form of tabl… Show more
“…In computing value Z; the sum of first investment and organizational cost corresponding to unit time is multiplied with valuation factor (A). Valuation factor is defined as in the equation below [18].…”
Section: Exergy and Exergoeconomic Analysesmentioning
“…In computing value Z; the sum of first investment and organizational cost corresponding to unit time is multiplied with valuation factor (A). Valuation factor is defined as in the equation below [18].…”
Section: Exergy and Exergoeconomic Analysesmentioning
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.