5 research outputs found
Techno-economic assessment of scale-up of bio-flocculant extraction and production by using okra as biomass feedstock
This paper reports a techno-economic assessment for industrial scale bio-flocculant production with okra as biomass feedstock. The sludge dewatering ability of the bio-flocculant was evaluated prior to economic analysis. Several optimisation strategies were investigated in order to lower the bio-flocculant production cost. The results showed that continuous mode microwave extraction was more economically beneficial than conventional extraction in batch and continuous modes. Sensitivity analysis revealed that the production cost was significantly affected by annual production and extract yield, and moderately influenced by raw material price. The optimised scheme for bio-flocculant production was continuous mode microwave extraction at 90° C, a residence time of 10 minutes, a water loading of 3.5 w/w and production rate of 220 tonnes per year. The economic assessment showed that the gross margin was positive, return on investment was in the expected range of 20 to 30% and payback time was within 5 years
The origins of firm strategy: Learning by economic experimentation and strategic pivots in the early automobile industry
We explore the effectiveness of eco- nomic experimentation as a learning mechanism through a historical exploration of the early automobile industry. We focus on a particular subset of economic experiments, called strategic pivots, that requires irreversible firm com- mitments. Our quantitative analysis suggests that strategic pivoting was associated with success. We then use histori- cal methods to understand whether this association is rea- sonably interpreted as a causal link. We identify lessons that could only plausibly have been learned through strate- gic pivoting and document that those firms that were able to learn from the strategic pivots were most likely to suc- ceed. We discuss the generalizability of our findings to build the hypothesis that strategic pivots and economic experiments originate firm strategy
The ChemCam Instrument Suite on the Mars Science Laboratory (MSL) Rover: Body Unit and Combined System Tests
The ChemCam instrument suite on the Mars Science Laboratory (MSL) rover Curiosity provides remote compositional information using the first laser-induced breakdown spectrometer (LIBS) on a planetary mission, and provides sample texture and morphology data using a remote micro-imager (RMI). Overall, ChemCam supports MSL with five capabilities: remote classification of rock and soil characteristics; quantitative elemental compositions including light elements like hydrogen and some elements to which LIBS is uniquely sensitive (e.g., Li, Be, Rb, Sr, Ba); remote removal of surface dust and depth profiling through surface coatings; context imaging; and passive spectroscopy over the 240-905 nm range. ChemCam is built in two sections: The mast unit, consisting of a laser, telescope, RMI, and associated electronics, resides on the rover's mast, and is described in a companion paper. ChemCam's body unit, which is mounted in the body of the rover, comprises an optical demultiplexer, three spectrometers, detectors, their coolers, and associated electronics and data handling logic. Additional instrument components include a 6 m optical fiber which transfers the LIBS light from the telescope to the body unit, and a set of onboard calibration targets. ChemCam was integrated and tested at Los Alamos National Laboratory where it also underwent LIBS calibration with 69 geological standards prior to integration with the rover. Post-integration testing used coordinated mast and instrument commands, including LIBS line scans on rock targets during system-level thermal-vacuum tests. In this paper we describe the body unit, optical fiber, and calibration targets, and the assembly, testing, and verification of the instrument prior to launch