Discussion
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- Question
Expenditure on research and development (R & D) is categorised as the __________ , while making an estimate of the total product cost for a chemical plant.
Options- A. overhead cost
- B. fixed expenses
- C. general expenses
- D. direct production cost
- Correct Answer
- general expenses
- 1. An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the
Options- A. manufacturing cost.
- B. depreciation by sinking fund method.
- C. discrete compound interest.
- D. cash ratio. Discuss
- 2. Which of the following is the cheaptest material of construction for the storage of sodium hydroxide upto a concentration of 75%?
Options- A. Stainless steel
- B. Plain carbon steel
- C. Nickel
- D. Copper Discuss
- 3. A shareholder has __________ say in the affairs of company management compared to a debenture holder.
Options- A. more
- B. less
- C. same
- D. no Discuss
- 4. In a chemical process plant, the total product cost comprises of manufacturing cost and the
Options- A. general expenses
- B. overhead cost
- C. R & D cost
- D. none of these Discuss
- 5. Following the six-tenth factor rule, if a log-log plot of capacity of the equipment vs. cost of the equipment is made, then a straight line is obtained, whose slope is equal to
Options- A. 0.1
- B. 0.6
- C. 0.2
- D. 0.8 Discuss
- 6. Gantt chart (or Bar chart) is helpful in
Options- A. efficient utilisation of manpower and machines.
- B. preparing production schedule.
- C. efficient despatching of products.
- D. inventory control. Discuss
- 7. If 'S' is the amount available after 'n' interest periods for an initial principal 'P' with the discrete compound interest rate 'i', the present worth is given by
Options- A. (1 + i)n/S
- B. S/(1 + i)n
- C. S/(1 + in)
- D. S/(1 + n)i Discuss
- 8. Optimum number of effects in a multiple effect evaporator is decided by the
Options- A. cost benefit analysis.
- B. floor area availability.
- C. terminal parameters.
- D. evaporation capacity required. Discuss
- 9. Maximum production start up cost for making a chemical plant operational is about __________ percent of the fixed capital cost.
Options- A. 1
- B. 5
- C. 10
- D. 30 Discuss
- 10. Cost of piping in a fluid processing unit (e.g., distillation) of a chemical process plant is about __________ percent of the fixed capital investment.
Options- A. 4
- B. 13
- C. 22
- D. 34 Discuss
Chemical Engineering Plant Economics problems
Search Results
Correct Answer: depreciation by sinking fund method.
Correct Answer: Plain carbon steel
Correct Answer: more
Correct Answer: general expenses
Correct Answer: 0.6
Correct Answer: preparing production schedule.
Correct Answer: S/(1 + i)n
Correct Answer: cost benefit analysis.
Correct Answer: 10
Correct Answer: 13
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