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

Total cost considerations (pumping cost plus fixed cost of the pipe)
Viscosity of the fluid
Density 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
Manufacturing cost = direct product cost + fixed charges + plant overhead costs
General expenses = administrative expenses + distribution & marketing expenses
Total product cost = direct production cost + plant overhead cost

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