the university of oklahoma - gas tank powerpoint presentation · 2007. 1. 25. · jaime erazo nick...

49
Lucio Lucio Boccacci Boccacci Jaime Jaime Erazo Erazo Nick Harm Nick Harm Zack McGill Zack McGill Ryan Posey Ryan Posey University of Oklahoma HEMIS® Polymer Composite Gasoline Polymer Composite Gasoline Tanks Tanks

Upload: others

Post on 15-Aug-2021

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

LucioLucio BoccacciBoccacciJaime Jaime ErazoErazoNick HarmNick HarmZack McGillZack McGillRyan PoseyRyan Posey

University of Oklahoma

HEMIS®

Polymer Composite Gasoline Polymer Composite Gasoline TanksTanks

Page 2: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

IntroductionIntroduction

Project ConsiderationsProject ConsiderationsCurrent Gas TanksCurrent Gas TanksSafety and RegulationsSafety and RegulationsMaterial SelectionMaterial SelectionProcess DesignProcess DesignTank DesignTank DesignFinancial EvaluationsFinancial EvaluationsRisk and UncertaintyRisk and Uncertainty

PurposePurposeTo produce marketable polymer gasoline tanksTo produce marketable polymer gasoline tanksTo propose a competitive and appealing business planTo propose a competitive and appealing business plan

Page 3: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

First StageFirst Stage

Determine limiting factorsDetermine limiting factorsExisting gas tanksExisting gas tanks

CostCostQualityQuality

State and federal regulationsState and federal regulations

These factors These factors mustmust be met, be met, or surpassed, for successful or surpassed, for successful design and plandesign and plan

Page 4: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Current Gas Tank ComparisonCurrent Gas Tank ComparisonPlasticPlastic

Competitive EdgeCompetitive EdgeVarious materialsVarious materialsPossibly recyclablePossibly recyclableLightweightLightweightAdditives and layersAdditives and layersComplex geometryComplex geometryEmerging product (Emerging product (VisteonVisteon))

Current UsesCurrent UsesAutomobilesAutomobilesBoatsBoatsFarm equipmentFarm equipmentLawn equipmentLawn equipmentMotorcyclesMotorcyclesRace CarsRace Cars

SteelSteel20 gauge low Carbon20 gauge low CarbonCompetitive EdgeCompetitive Edge

Historical useHistorical useTypesTypesStrongStrongLow diffusionLow diffusionRecyclableRecyclable

Page 5: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Cost ComparisonCost Comparison

VisteonVisteonSix layer designSix layer design

High density polyethylene High density polyethylene structurestructureEthylene vinyl alcohol barrier Ethylene vinyl alcohol barrier layerlayerLinear low density polyethylene Linear low density polyethylene adhesive layeradhesive layer

Blow molding processBlow molding processEstimated selling price $53.00Estimated selling price $53.00

Sold directly to automobile Sold directly to automobile manufacturermanufacturer

Price based on 15% return on Price based on 15% return on investmentinvestment

Page 6: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Federal RegulationsFederal Regulations

U.S. Department of TransportationU.S. Department of TransportationFederal Motor Vehicle Safety Standards and Federal Motor Vehicle Safety Standards and Regulations, Post Crash Standard No. 301 crash Regulations, Post Crash Standard No. 301 crash requirements requirements

Frontal BarrierFrontal BarrierRear MovingRear MovingLateral MovingLateral MovingStatic RolloverStatic Rollover

Purpose Purpose Reduce deaths and injuriesReduce deaths and injuries

Page 7: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Federal Regulations Federal Regulations

Fuel spillage limits for each crash testFuel spillage limits for each crash test28 g from impact until cessation of motion28 g from impact until cessation of motion142 g in next 5 minutes 142 g in next 5 minutes 25 g per minute in next 25 minutes25 g per minute in next 25 minutes

Other requirementsOther requirementsParking brake disengagedParking brake disengagedTransmission in neutralTransmission in neutral90 90 –– 95% full fuel system95% full fuel system

Including hoses and activated pumpsIncluding hoses and activated pumps

Page 8: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Federal RegulationsFederal RegulationsVehicle must pass 2 evaporative emissions testsVehicle must pass 2 evaporative emissions tests

Using SHED (sealed housing for evaporative determination) Using SHED (sealed housing for evaporative determination)

2 grams of hydrocarbon in a 24 hr period2 grams of hydrocarbon in a 24 hr periodIncludes one hour hot soak testIncludes one hour hot soak test

0.05 g/mi loss test standard under normal driving 0.05 g/mi loss test standard under normal driving conditionsconditions

Environmental Protection AgencyEnvironmental Protection AgencyExtended Evaporative Emissions TestExtended Evaporative Emissions Test

Future standardFuture standardCalifornia plans 0.35 g/dayCalifornia plans 0.35 g/day ““zero emissionszero emissions”” standardstandardOther states will followOther states will follow

Page 9: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

First Stage SummaryFirst Stage SummaryDesignDesign

Capitalize on advantagesCapitalize on advantagesPlastic is inexpensivePlastic is inexpensiveStudy numerous material optionsStudy numerous material optionsAdditives and layersAdditives and layers

Improve on possible weak pointsImprove on possible weak pointsStrengthStrengthDiffusionDiffusion

RegulationsRegulationsComparison of mechanical properties of materialsComparison of mechanical properties of materialsDetermination of diffusion modelDetermination of diffusion modelSet Set ““near zeronear zero”” emissions goalemissions goal

Pass all current Federal and State regulationsPass all current Federal and State regulationsPass future regulationsPass future regulations

Page 10: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Second StageSecond Stage

Materials selectionMaterials selectionIdentify feasible materialsIdentify feasible materials

Structure and propertiesStructure and propertiesConsider additivesConsider additivesConsider multiple layer designConsider multiple layer design

Mechanical propertiesMechanical propertiesDiffusion modelDiffusion model

Page 11: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Materials IdentifiedMaterials Identified

SelectionSelectionBased on propertiesBased on propertiesFeasibility of designFeasibility of design

MaterialsMaterialsHigh density polyethylene (HDPE)High density polyethylene (HDPE)NylonNylonGlass filled nylonGlass filled nylonEpoxiesEpoxiesPolyurethanePolyurethaneEthylene vinyl alcohol (EVOH)Ethylene vinyl alcohol (EVOH)KYNARKYNAR®® ((polyvinyldenefluoridepolyvinyldenefluoride))CurvCurv®® (polypropylene product)(polypropylene product)

Page 12: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Mechanical PropertiesMechanical Properties

Tensile strength/Yield strengthTensile strength/Yield strengthAbrasion resistanceAbrasion resistance

Rockwell hardnessRockwell hardness

Puncture resistancePuncture resistanceHigh speed puncture testHigh speed puncture test

Flexural strengthFlexural strengthCharpyCharpy impact energyimpact energy

Page 13: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Mechanical PropertiesMechanical Properties

CharpyCharpy Impact EnergyImpact EnergyResistance to impactResistance to impactLinear with thicknessLinear with thickness

Simulates actual Simulates actual impactimpactUsed to compare Used to compare materials to steelmaterials to steel

Page 14: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

CharpyCharpy Impact Relation to Impact Relation to ThicknessThickness

Directly related to thicknessDirectly related to thicknessLinear relationshipLinear relationship

Page 15: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

ThicknessThickness CalculationCalculationU=Total impact energy (J)

Udes=Desired total impact energy

Chi=Charpy impact strength of material i (J/cm²)

Bs=thickness of steel tank

D=width of test sample

B=thickness of material needed to make its strength equal to TEdes

DBCHU ss ∗∗=DCH

UBi

des

∗=

Page 16: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Thickness and StrengthThickness and Strength

1.3712.0Curv9.651.7Nylon 12 30% glass10.251.6Nylon 12 20% glass6.842.4Nylon 129.651.7Nylon 6/6 30% glass16.401.0Nylon 6/6 20% glass4.823.4Nylon 6/69.111.8Nylon 6 30% glass9.651.7Nylon 6 20% glass30.950.5Nylon 6 10% glass3.155.2Nylon 62.416.8HDPE0.91216.91020 Steel

Thickness (mm)Charpy Impact Energy (J/cm2)Material

Page 17: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Diffusion ModelDiffusion ModelDiffusion through Diffusion through walls needs to meet walls needs to meet EPA emissions EPA emissions regulationsregulationsOne dimensional, One dimensional, steady state diffusion steady state diffusion through barrier through barrier (hydrophilic) layer (hydrophilic) layer needs to be needs to be investigatedinvestigated

Page 18: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Diffusion ResistancesDiffusion Resistances

Adsorption Adsorption –– Governed by HenryGoverned by Henry’’s s LawLaw

c= Concentrationc= ConcentrationS= HenryS= Henry’’s solubility coefficients solubility coefficientp= vapor pressure of gasp= vapor pressure of gas

Liquid diffusion negligible Liquid diffusion negligible Surface should be hydrophilicSurface should be hydrophilicGasoline is hydrophobicGasoline is hydrophobic

pSc ×=

Page 19: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Diffusion Resistance Cont. Diffusion Resistance Cont.

FickFick’’ss Law of DiffusionLaw of Diffusion

Na = Flux outNa = Flux outDDabab= Diffusion Coefficient= Diffusion CoefficientCa= ConcentrationCa= Concentrationz= Thicknessz= Thickness

dzdcDN a

abaz ×=

Page 20: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Diffusion Resistance Cont.Diffusion Resistance Cont.

DesorptionDesorption/ Convection/ ConvectionDesorptionDesorption governed by Henrygoverned by Henry’’s Laws LawCorrelation for Convective Mass Correlation for Convective Mass Transfer CoefficientTransfer Coefficient

)Re332.0( 3/15.0 SclDk lab

c ×××=

Page 21: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Diffusion Resistance Cont. Diffusion Resistance Cont.

Assumptions for Local Assumptions for Local ReynoldReynold’’ssNumberNumber

Pressure = 1 Pressure = 1 atmatmTemperature= 300 KTemperature= 300 KNatural Convection = 0.0833 ft/s Natural Convection = 0.0833 ft/s

Local Length for Correlation = Local Length for Correlation = 0.833 ft0.833 ft

Page 22: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Diffusion Resistance Cont.Diffusion Resistance Cont.

Convective Mass Transfer Convective Mass Transfer Coefficient = 9.10 x 10Coefficient = 9.10 x 10--4 4 ft/sft/sOverall mass balance yields Overall mass balance yields concentration of 1.25 x 10concentration of 1.25 x 10--1010

mol/cmmol/cm33

Negligible concentration, no Negligible concentration, no boundary layer resistance boundary layer resistance

Page 23: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Diffusion ModelDiffusion Model

New TermNew Term-- Permeability Permeability

DDabab= Diffusion Coefficient= Diffusion CoefficientS= HenryS= Henry’’s Solubility Coefficients Solubility CoefficientWhy introduce permeability???Why introduce permeability???

Fewer terms will simplify the final equationFewer terms will simplify the final equation

SDP ab ×=

Page 24: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Diffusion ModelDiffusion Model

Integrated Integrated FickFick’’ss LawLaw

Substituting HenrySubstituting Henry’’s Law, and Permeability s Law, and Permeability

Final Diffusion ModelFinal Diffusion Model

pSC ×=

xccDN aaab

az)( 12 −×

=

SDP ab ×=

xppAPNaz

)( 12 −××=

Page 25: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Second Stage ResultsSecond Stage Results

Nylon cannot be used aloneNylon cannot be used aloneNeeds polar barrierNeeds polar barrier

Tank will require 2 layersTank will require 2 layersBarrierBarrier-- EVOHEVOHStructuralStructural-- CurvCurv®®, HDPE, or Nylon 6, HDPE, or Nylon 6

41.310.033EVOH7.460.132Kynar1.378607Curv2.417825HDPE3.150.566Nylon 6

Charpy ImpactRequired (mm)

DiffusionThickness (mm)Material

Page 26: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Third StageThird Stage

Process selectionProcess selectionIdentify and analyze feasible processesIdentify and analyze feasible processes

Injection MoldingInjection MoldingStampingStampingRotational Molding Rotational Molding Blow MoldingBlow Molding

Match materials with processesMatch materials with processes

Compare Returns on investment (ROI)Compare Returns on investment (ROI)Choose processChoose process

Based on profitability Based on profitability

Page 27: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Injection MoldingInjection Molding

AdvantagesAdvantagesSelf contained Self contained processprocess

DisadvantagesDisadvantagesHigh equipment costHigh equipment costTanks will have Tanks will have seamsseams

Compatible materialsCompatible materialsHDPEHDPENylonNylon

Page 28: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

StampingStamping

AdvantagesAdvantagesSimple processSimple processLow cycle timesLow cycle timesLow maintenanceLow maintenance

DisadvantagesDisadvantagesCannot produce complex Cannot produce complex shapesshapesTanks must contain seamsTanks must contain seams

Compatible materialsCompatible materialsHDPEHDPENylonNylonCurvCurv®®

Page 29: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Rotational MoldingRotational MoldingAdvantagesAdvantages

Complex geometryComplex geometrySeamlessSeamlessStress free cornersStress free corners

DisadvantagesDisadvantagesLarger labor neededLarger labor neededLower production Lower production volumesvolumesHigh utilitiesHigh utilitiesLarge machineryLarge machinery

Compatible MaterialsCompatible MaterialsNylonNylonHDPE HDPE

Page 30: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Blow MoldingBlow Molding

Compatible MaterialsCompatible MaterialsNylonNylonHDPEHDPE

AdvantagesAdvantagesLarge volumesLarge volumesLow cycle timesLow cycle times

DisadvantagesDisadvantagesLoss of trimmed materialLoss of trimmed material

20 20 -- 30 % of total part30 % of total partHigh pressureHigh pressure

Page 31: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Process SpreadsheetProcess Spreadsheet

Page 32: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Process Spreadsheet Cont.Process Spreadsheet Cont.

InputInputPlant capacity, annual working days, daily Plant capacity, annual working days, daily working hoursworking hours

OutputOutputMaterial costsMaterial costsEquipment costsEquipment costsUtility costsUtility costsTank specificationsTank specifications

Page 33: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Financial EvaluationFinancial Evaluation

Page 34: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Third Stage SummaryThird Stage Summary

--9.09.09.09.0Stamping HDPEStamping HDPE15.515.53.63.6Stamping Stamping CurvCurv--16.516.511.111.1RotomoldingRotomolding HDPEHDPE--15.315.343.543.5Injection Molding HDPEInjection Molding HDPE5.25.210.010.0Blow Molding HDPEBlow Molding HDPE

ROI (%)ROI (%)TCI ($million)TCI ($million)ProcessProcess

Nylon excludedNylon excludedSimilar in cost and application to HDPESimilar in cost and application to HDPEHDPE stronger, lighterHDPE stronger, lighter

Stamping Stamping CurvCurvSmallest TCISmallest TCIBest ROIBest ROI

Page 35: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Fourth StageFourth Stage

Detailed designDetailed designProcessProcessEVOH LayerEVOH LayerJoining tank halvesJoining tank halvesGas tank designGas tank design

Wall layers and thicknessesWall layers and thicknesses

Page 36: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Stamping Process DiagramStamping Process Diagram

Tank halves produced separatelyTank halves produced separatelyFlanges on each half used to join togetherFlanges on each half used to join together

Page 37: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

EVOH LayerEVOH LayerAdhesiveAdhesive

Linear Low Density Polyethylene (LLDPE)Linear Low Density Polyethylene (LLDPE)

Made by spraying EVOHMade by spraying EVOHZeroZero--emission standardsemission standards

35 micron35 micron EVOH layerEVOH layer minimum requirementminimum requirement140 micron EVOH layer will be used140 micron EVOH layer will be used

ProcessProcessMix with solventMix with solvent

Ethanol Ethanol –– 80/20 solvent/water80/20 solvent/water40 wt% solvent mixture40 wt% solvent mixture

Spray on the tankSpray on the tankSolvent evaporatesSolvent evaporates

Page 38: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Joining HalvesJoining Halves

Heat flanges on sideHeat flanges on sidePress togetherPress togetherSteel RivetsSteel Rivets

Page 39: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Final Gas Tank DesignFinal Gas Tank DesignConstant wall thicknessConstant wall thicknessDimensions/ShapeDimensions/Shape

Dependent on contractDependent on contractVariability in dimensions:Variability in dimensions:

30 30 -- 36 inches in length 36 inches in length 22 22 -- 28 inches in width28 inches in width7 7 -- 10 inches in height 10 inches in height

Page 40: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Final StageFinal Stage

Develop business planDevelop business planStrategyStrategy

Program Evaluation and Review Technique (PERT Program Evaluation and Review Technique (PERT diagram)diagram)

Risk and UncertaintyRisk and UncertaintyOptimal locationOptimal location

Page 41: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Pert DiagramPert Diagram

Page 42: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Pert DiagramPert Diagram

Page 43: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Risk and UncertaintyRisk and Uncertainty

Determine possible interest levelsDetermine possible interest levelsAssociate a probability to each levelAssociate a probability to each levelGenerate random samples for Generate random samples for CurvCurv®®, , EVOH, LLDPE, and rivet pricesEVOH, LLDPE, and rivet pricesDevelop scenarios using possible interests Develop scenarios using possible interests and generated pricesand generated pricesCalculate the probability and NPV for each Calculate the probability and NPV for each scenarioscenario

Page 44: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Possible Outcome ExamplePossible Outcome Example

Page 45: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Risk CurveRisk CurveRisk Curve

0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

0.8

0.9

1

-5.00 -3.00 -1.00 1.00 3.00 5.00 7.00 9.00

NPV (Millions of Dollars)

Ris

k

ENPV(0.64)

OV = 3.92

VaR = 1.77

Page 46: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Final Stage ConclusionsFinal Stage Conclusions

Stamping Stamping CurvCurv®® with an EVOH barrier with an EVOH barrier Total Capital Investment = $3.61 millionTotal Capital Investment = $3.61 millionROI = 15.5 %ROI = 15.5 %NPV = $3.36 million over 10 year project NPV = $3.36 million over 10 year project lifelife

Page 47: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Product ComparisonProduct Comparison

CurvCurv®®/EVOH/EVOH$42.00$42.008.1 lbs8.1 lbsRecyclableRecyclable2.3 mm wall thickness2.3 mm wall thickness

HDPE/EVOHHDPE/EVOH$53.00$53.0017.6 lbs17.6 lbsNonNon--recyclablerecyclable4.52 mm wall thickness4.52 mm wall thickness

Page 48: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

RecommendationsRecommendations

Further analyze risk and uncertaintyFurther analyze risk and uncertaintyImprove expansion Improve expansion Gauge market interestGauge market interestExpand automobile models consideredExpand automobile models considered

Page 49: The University of Oklahoma - Gas Tank PowerPoint Presentation · 2007. 1. 25. · Jaime Erazo Nick Harm Zack McGill Ryan Posey University of Oklahoma HEMIS ... Microsoft PowerPoint

Questions?Questions?