Chemical Reaction Engineering
A space velocity of 5 hr⁻¹ means that

Cent per cent conversion can be achieved in at least 5 hours
Five reactor volumes of feed (at specified conditions) are being fed into the reactor per hour
After every 5 hours, reactor is being filled with the feed
A fixed conversion of a given batch of feed takes 5 hours

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Chemical Reaction Engineering
In an ideal mixed reactor (at steady state), the

Composition throughout the reactor remains same
All of these
Space time is equivalent to holding time for constant density systems
Exit stream has the same composition as the fluid within the reactor

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