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Chemical Engineering Plant Economics

Chemical Engineering Plant Economics
Profit is equal to revenue minus

Book value
None of these
Operating cost
Total cost

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Chemical Engineering Plant Economics
Cost of instrumentation in a modern chemical plant ranges from __________ percent of the total plant cost.

40 to 50
20 to 30
5 to 10
60 to 70

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Chemical Engineering Plant Economics
'Lang factor' is defined as the ratio of the capital investment to the delivered cost of major equipments. The value of 'Lang factor' for fixed capital investment, for a solid-fluid processing chemical plant ranges from

2.5 to 2.7
6.2 to 6.4
1.2 to 1.4
4.2 to 4.4

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

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

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Chemical Engineering Plant Economics
In financial accounting of a chemical plant, which of the following relationship is invalid?

Assets = equities
Total income = costs + profits
Assets = capital
Assets = liabilities + net worth

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Chemical Engineering Plant Economics
'Utilities' in a chemical process plant includes compressed air, steam, water, electrical power, oxygen, acetylene, fuel gases etc. Utility costs for ordinary chemical process plants ranges roughly from __________ percent of the total product cost.

1 to 5
10 to 20
35 to 45
25 to 35

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