Vol 1 , Issue 2 , April - June 2013 | Pages: 92-97 | Research Paper
Received: August 10, 2013 | Revised: August 22, 2013 | Accepted: August 28, 2013 | Published Online: September 20, 2013
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Thermo-economic mathematical modeling of thermal insulation has been carried to find out the effect of various parameters such as payback period, rate of interest, heat transfer co-efficient and temperature differences in the cost of insulation, cost of heat losses and the total cost for a cylindrical surfaces and flat surfaces. It was observed that cellular plastic gives better properties of insulation than other materials.
Keywords
Critical Thickness, Thermo-economic Analysis, Thermal Insulation