Chemical Engineering Plant Economics
Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost x (index value/(index value at original cost was obtained) The most major component of this cost index is

Pumps and compressor
Fabricated equipment and machinery
Electrical equipments and material
Process instruments and control

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Chemical Engineering Plant Economics
Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it?

Equipment insulation cost
Cost for piping
Electrical installation cost
Equipment installation cost

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Chemical Engineering Plant Economics
In declining balance method of depreciation calculation, the

Value of the asset decreases linearly with time
Annual cost of depreciation is same every year
Annual depreciation is the fixed percentage of the property value at the beginning of the particular year
None of these

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