Engineering Economics Salvage value is sometimes known as ______. Scrap value Going value Junk value Second-hand value Scrap value Going value Junk value Second-hand value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which one of the following questions is relevant to the construction estimates? Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators use short cut methods which may be unrealistic in their situation Did the estimators precisely evaluate site conditions How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost All of these Did the estimators use short cut methods which may be unrealistic in their situation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What method is often used in municipal project evaluations where benefits and costs accrue to different segments of the community? Benefit-cost ratio Rate of return method EUAC Annual cost method Benefit-cost ratio Rate of return method EUAC Annual cost method ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the main purpose of project cost control from the following: All of these To signal immediate warning of uneconomic operations To promote cost consciousness To provide a feed back to the estimator All of these To signal immediate warning of uneconomic operations To promote cost consciousness To provide a feed back to the estimator ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Pick up the correct reason for making conceptual (or preliminary) estimate from the following: To have a check on a definitive cost estimate All of these To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors To have a check on a definitive cost estimate All of these To compute target estimate for the owner while drawing and specifications are in initial stage To check quotations from contractors and/or sub-contractors ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the goods and services that are required to support human life, needs and activities? Luxury Necessity Consumer products Producer products Luxury Necessity Consumer products Producer products ANSWER DOWNLOAD EXAMIANS APP