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Engineering Economics

Engineering Economics
The exact simple interest of P5,000 invested from June 21, 1995 to December 25, 1995 is P100. What is the rate of interest?

0.039
0.0398
0.0392
0.0395

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Engineering Economics
A form of business firm which is owned and run by a group of individuals for their mutual benefit is called ______.

Partnership
Cooperative
Corporation
Enterprise

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Engineering Economics
What are the two classifications of goods and services?

Ready-made and made-to-order
Raw and finished
Local and imported
Consumer and producer

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Engineering Economics
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:

(1 + ni)
None of these
(ni - 1)
ni

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Engineering Economics
A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?

1.6 hours per unit
1.2 hours per unit
1.4 hours per unit
1.0 hour per unit

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Engineering Economics
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

P19,000
P19,100
P18,900
P18,000

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