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CHEMICAL ENGINEERING PLANT ECONOMICS

Chemical Engineering Plant Economics
Gantt chart (or Bar chart) is helpful in

Efficient despatching of products
Inventory control
Efficient utilisation of manpower and machines
Preparing production schedule

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Chemical Engineering Plant Economics
Cost of instrumentation in a modern chemical plant ranges from __________ percent of the total plant cost.

40 to 50
5 to 10
60 to 70
20 to 30

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Chemical Engineering Plant Economics
Annual depreciation costs are constant, when the __________ method of depreciation calculation is used.

Sum of the years digit
None of these
Declining balance
Straight line

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Chemical Engineering Plant Economics
Annual depreciation cost are not constant when, the __________ method of depreciation calculation is used.

Straight line
Present worth
Declining balance
Sinking fund

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Chemical Engineering Plant Economics
The payback method for the measurement of return on investment

Takes into account the cash inflows after the recovery of investments
Gives a correct picture of profitability
Underemphasises liquidity
Does not measure the discounted rate of return

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