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Chemical Engineering Plant Economics

Chemical Engineering Plant Economics
The amount of simple interest during 'n' interest period is (where, i = interest rate based on the length of one interest period, p = principal)

P.i.n.
P(1 + i)n
P(1 - i.n)
P(1 + i.n)

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Chemical Engineering Plant Economics
Gantt chart (or Bar chart) is helpful in

Efficient despatching of products
Preparing production schedule
Efficient utilisation of manpower and machines
Inventory control

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Chemical Engineering Plant Economics
Fixed charges for a chemical plant does not include the

Repair and maintenance charges
Property tax, insurance and depreciation
Interest on borrowed money
Rent of land and buildings

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Chemical Engineering Plant Economics
Profit is equal to revenue minus

Operating cost
Total cost
None of these
Book value

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Chemical Engineering Plant Economics
'Six-tenth factor' rule is used for estimating the

Equipment installation cost
Equipment cost by scaling
Utilities cost
Cost of piping

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Chemical Engineering Plant Economics
Which of the following is not a component of the working capital for a chemical process plant?

In-process inventory
Product inventory
Minimum cash reserve
Storage facilities

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