Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a - (n - 1) b a + (n - 1) b a × (n - 1) b a + (n + 1) b a - (n - 1) b a + (n - 1) b a × (n - 1) b a + (n + 1) b ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.2 hours per unit 1.0 hour per unit 1.6 hours per unit 1.4 hours per unit 1.2 hours per unit 1.0 hour per unit 1.6 hours per unit 1.4 hours per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The project contractor relies on the cost of the estimate: For submission of a competitive bid for a lump-sum contract For a unit price contract For preparation of a definitive estimate to help negotiate contract All of these For submission of a competitive bid for a lump-sum contract For a unit price contract For preparation of a definitive estimate to help negotiate contract All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The financial analysis: Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment Helps a bank to know the financial position of the firm for granting a loan to the firm Helps to judge the success of the firm's financial plans All of these Helps a share holder to compare the expected return on his investment in the firm against the expected return from other alternative investment Helps a bank to know the financial position of the firm for granting a loan to the firm Helps to judge the success of the firm's financial plans All of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to subsequent construction budget None of these To keep the project cost equal to original cost estimate To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to subsequent construction budget None of these To keep the project cost equal to original cost estimate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the market situation exist when there are many buyers and many sellers? Oligopoly Perfect competition Oligopsony Monopoly Oligopoly Perfect competition Oligopsony Monopoly ANSWER DOWNLOAD EXAMIANS APP