There are things that chemical engineers need to know and things that they need to know about. They need to know the time value of money, and they need to know about using Solver in Excel for process optimization problems. They need to know how to describe a process or plant in a flowsheeting program, and they need to know about the options for the thermodynamic packages in the flowsheeting program. They need to know how to do material and energy balances on chemical processes, and they need to know about how to incorporate rate equations and equilibrium relations in the material and energy...