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Process Heat Transfer                                          171


            tion reduces to Equations 4.4.2,  which states that the heat transferred  to the water
            is equal to the change in enthalpy of the water.
                 Because  the  cost  of  a  heat  exchanger  depends  on  its  size,  and because  its
            size will depend on the heat-transfer  rate, a rate equation must be introduced. The
            rate equation is  given by Equation 4.4.3.  The  logarithmic-mean temperature  dif-
            ference  in Equation 4.4.3  is given by Equation 4.4.4.  Because perfect  countercur-
            rent flow can never be achieved in an actual heat exchanger, the logarithmic-mean
            temperature  difference  correction  factor,  F,  is  needed.  For  simplicity,  Equation
            4.10,  discussed earlier, is expressed as Equation 4.4.5, which states that F depends
            only on the terminal temperatures, once a particular heat exchanger is selected.
                 Several cooler sizes will cool a process fluid  to a specified  temperature, but
            there  is  only  one that  is the most  economical.  If  the  cooling-water  exit tempera-
            ture increases, less water is needed and its cost will be less. To achieve a high exit-
            water temperature,  however, requires more heat-exchanger  surface  area  and  con-
            sequently a more costly heat exchanger. Equation 4.4.6, the total annual cost, ex-
            presses the trade-off between the cost  of cooling  water  and the  cost  of a heat  ex-
            changer. The  total cost consists of the  sum of the  first  term, which is the cooling-
            water  cost,  and the  second term, which is the installed cost  of the heat  exchanger
            and  the  maintenance  cost.  In  Equation  4.4.6,  C  equals  the  cost  of  water  per
                                                    w
            pound, C c capital cost  of the heat  exchanger per  square  foot,  and C M the mainte-
            nance cost per square foot.  Because we want to obtain the optimum cooling-water
            exit  temperature  and  therefore,  an  optimally-sized  heat  exchanger,  the  total  cost
            should be the minimum.  Therefore, the derivative of the total cost with respect to
            the exit water temperature dC T/  dt 2>w is set equal to zero.
                 Finally,  to complete the  formulation  of the problem,  we need  system prop-
            erty  data.  For  this  particular  problem,  enthalpy,  a  thermodynamic  property,  is
            required for the  energy balance and the  overall heat-transfer  coefficient,  a transfer
            property, is needed for the rate equation.  These system property relationships are
            given by Equations 4.4.8  to 4.4.10. The economic balance also requires cost data.



            Table 4.4.1  Summary of Equations for Calculating the Optimum
            Cooling-Water  Exit Temperature _______________________

            First subscript: Process stream =  1,2,3  or 4
            Second subscript: Component = p or w

            Mass Balances
                                                                        (4.4.1)

            Energy Balances
            Q = h 2, w m 2, w -  hi,w nii.w                             (4-4.2)





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