FORMULATION OF MATHEMATICAL MODEL FOR PRODUCTION TURNOVER OF BIODIESEL PLANT BASED ON DIMENSIONAL ANALYSIS AND MULTIPLE REGRESSION
This paper presents the approach for the mathematical modeling of production turnover for the set up of new Biodiesel plant based on the dimensional analysis and multiple regression. Presented production turnover mathematical model is derived based on the generated design data. Design data is generated from the estimated design data. Estimation of design data is carried out based on the assumed plant layouts of different capacities. Dimensional analysis is used to make the independent and dependent variables dimensionless and to get dimensionless equation. Later, multiple regression analysis is applied to this dimensionless equation to obtain the index values based on the least square method. The mathematical model of production turnover is formulated using these obtained index values. Finally, the formulated model is evaluated on the basis of correlation and root mean square error between the computed values by model and the estimated values.