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Chemical Engineering Plant Economics - Section 1 (4)

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Directions to Solve

Chemical Engineering Plant Economics - Section 1

This is engineering branch and if you want to
test your aptitude ability in this field then you can solve the given MCQs based on this field.

25. 

'Utilities' in a chemical process plant includes compressed air, steam, water, electrical power, oxygen, acetylene, fuel gases etc. Utility costs for ordinary chemical process plants ranges roughly from __________ percent of the total product cost.

A. l to 5
B. 10 to 20
C. 25 to 35
D. 35 to 45

Answer: Option B

Explanation:

No answer description available for this question. Let us discuss.

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26. 

Fixed charges for a chemical plant does not include the

A. interest on borrowed money.
B. rent of land and buildings.
C. property tax, insurance and depreciation.
D. repair and maintenance charges.

Answer: Option D

Explanation:

No answer description available for this question. Let us discuss.

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27. 

Most chemical plants use an initial working capital amounting to 10-20% of the total capital investment. But this percentage may increase to __________ percent in case of seasonal products manufacturing plant.

A. 30
B. 50
C. 75
D. 95

Answer: Option B

Explanation:

No answer description available for this question. Let us discuss.

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28. 

Which of the following is the costliest material of construction used in pressure vessel construction ?

A. Low alloy steel
B. Lead
C. Titanium
D. High alloy steel

Answer: Option C

Explanation:

No answer description available for this question. Let us discuss.

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29. 

The inventory of raw materials included in the working capital is usually about __________ months supply of raw materials valued at delivery prices.

A. one
B. three
C. six
D. twelve

Answer: Option A

Explanation:

No answer description available for this question. Let us discuss.

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30. 

Scheduling provides information about the

A. proper utilisation of machines.
B. means to minimise idle time for machines.
C. time of completion of job.
D. time of starting of job and also about how much work should be completed during a particular period.

Answer: Option D

Explanation:

No answer description available for this question. Let us discuss.

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31. 

The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the

A. initial cost.
B. book value at the end of (n - 1)th year,
C. depreciation during the (n - 1)th year.
D. difference between initial cost and salvage value.

Answer: Option B

Explanation:

No answer description available for this question. Let us discuss.

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32. 

Gross earning is equal to the total income minus

A. total product cost
B. fixed cost
C. income tax
D. none of these

Answer: Option A

Explanation:

No answer description available for this question. Let us discuss.

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