What are the assumptions for ideal rankine cycle?

The ideal Rankine cycle is based on several key assumptions: it operates with a working fluid that undergoes phase changes between liquid and vapor without any irreversibilities, meaning the processes are assumed to be reversible. Additionally, it is assumed that there is no heat loss to the surroundings, and the pump and turbine operate with 100% efficiency. The cycle also assumes that the working fluid is incompressible during the liquid phase and that the specific heats remain constant throughout the process.