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

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

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

Initial cost
Difference between initial cost and salvage value
Depreciation during the (n - 1)th year
Book value at the end of (n - 1)th year

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