Chemical Engineering Plant Economics The depreciation during the year 'n', in diminishing balance method of depreciation calculation, is calculated by multiplying a fixed percentage 'N' to the Initial cost Book value at the end of (n - 1)th year Difference between initial cost and salvage value Depreciation during the (n - 1)th year Initial cost Book value at the end of (n - 1)th year Difference between initial cost and salvage value Depreciation during the (n - 1)th year ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost x (index value/(index value at original cost was obtained)The most major component of this cost index is Pumps and compressor Fabricated equipment and machinery Electrical equipments and material Process instruments and control Pumps and compressor Fabricated equipment and machinery Electrical equipments and material Process instruments and control ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Direct costs component of the fixed capital consists of Contingencies Raw material costs Labour costs Onsite and offsite costs Contingencies Raw material costs Labour costs Onsite and offsite costs ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Gantt chart (or Bar chart) is helpful in Inventory control Preparing production schedule Efficient utilisation of manpower and machines Efficient despatching of products Inventory control Preparing production schedule Efficient utilisation of manpower and machines Efficient despatching of products ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Which of the following is not a component of the working capital for a chemical process plant? In-process inventory Storage facilities Minimum cash reserve Product inventory In-process inventory Storage facilities Minimum cash reserve Product inventory ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Which of the following is not a component of the fixed capital for a chemical plant facility? Utilities plants Raw materials inventory Process equipment Emergency facilities Utilities plants Raw materials inventory Process equipment Emergency facilities ANSWER DOWNLOAD EXAMIANS APP