Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: All of these To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors To compute target estimate for the owner while drawing and specifications are in initial stage All of these To have a check on a definitive cost estimate To check quotations from contractors and/or sub-contractors To compute target estimate for the owner while drawing and specifications are in initial stage ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is: S (1 + i)1/n S (1 + i)n S/(1 + i)n None of these S (1 + i)1/n S (1 + i)n S/(1 + i)n None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The Saudi Arabian Oil Refinery developed an oil well which is estimated to contain 5,000,000 barrels of oil at an initial cost of $ 50,000,000. What is the depletion charge during the year where it produces half million barrels of oil? Use Unit or Factor method in computing depletion. 5025000 5000000 5050000 5010000 5025000 5000000 5050000 5010000 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ability to convert assets to cash quickly is known as ______. Leverage Solvency Liquidity Insolvency Leverage Solvency Liquidity Insolvency ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the change in cost per unit variable change called? Supplemental cost Incremental cost Variable cost Fixed cost Supplemental cost Incremental cost Variable cost Fixed cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The functional depreciation is sometimes called ______. Failure depreciation Life depreciation Adolescence Demand depreciation Failure depreciation Life depreciation Adolescence Demand depreciation ANSWER DOWNLOAD EXAMIANS APP
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