A. efficient utilisation of manpower and machines.
B. preparing production schedule.
C. efficient despatching of products.
D. inventory control.
Correct Answer
preparing production schedule.
Chemical Engineering Plant Economics problems
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1. Expenditure on research and development (R & D) is categorised as the __________ , while making an estimate of the total product cost for a chemical plant.
2. 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
6. 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
9. Cost of piping in a fluid processing unit (e.g., distillation) of a chemical process plant is about __________ percent of the fixed capital investment.
10. The __________ of a chemical company can be obtained directly from the balance sheet as the difference between current assets and current liabilities.