quantlib-physics
Calculate Carnot Cycle Properties
Calculates properties of an ideal Carnot heat engine cycle operating between hot and cold reservoirs. Returns maximum theoretical efficiency, work output per cycle, heat rejected, and coefficients of performance for refrigerator and heat pump modes. The Carnot efficiency sets fundamental limits on energy conversion efficiency.
Use Cases:
- Theoretical efficiency bounds for financial engines
- Information-to-profit conversion limits
- Market maker efficiency analysis
- Energy/work analogies in portfolio rebalancing
- Maximum extractable value calculations
Formula: η_Carnot = 1 - T_cold/T_hot (maximum efficiency)
Credits: 5 credits per request (Pro Tier) [Tier: ENTERPRISE, Credits: 10]
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