Chemical Engineering Plant Economics
Optimum economic pipe diameter for fluid is determined by the

Density of the fluid
Total cost considerations (pumping cost plus fixed cost of the pipe)
Viscosity of the fluid
None of these

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Chemical Engineering Plant Economics
Which of the following relationship is not correct is case of a chemical process plant?

Total product cost = manufacturing cost + general expenses
General expenses = administrative expenses + distribution & marketing expenses
Total product cost = direct production cost + plant overhead cost
Manufacturing cost = direct product cost + fixed charges + plant overhead costs

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