Engineering Economics The project contractor relies on the cost of the estimate: For preparation of a definitive estimate to help negotiate contract All of these For submission of a competitive bid for a lump-sum contract For a unit price contract For preparation of a definitive estimate to help negotiate contract All of these For submission of a competitive bid for a lump-sum contract For a unit price contract ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics An association of two or more persons for the purpose of engaging into a business for profit is called ______. Entrepreneurship Partnership Proprietorship Corporation Entrepreneurship Partnership Proprietorship Corporation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If interest is paid more than once in a year, ‘i’ is the rate of interest per year, ‘n’ is the number of periods in years and ‘m’ is a number of periods per years, compound amount factor (CAF) is: (1 + i/n)1/m (1 + i/n)m (1 + i/m)n (1 + i/m)1/n (1 + i/n)1/m (1 + i/n)m (1 + i/m)n (1 + i/m)1/n ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the change in cost per unit variable change called? Supplemental cost Variable cost Incremental cost Fixed cost Supplemental cost Variable cost Incremental cost Fixed cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now? 13 months 10 months 11 months 12 months 13 months 10 months 11 months 12 months ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Using factor method, the depletion at any given year is equal to: Initial cost of property times number of units sold during the year Initial cost of property divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property Initial cost of property times number of units sold during the year Initial cost of property divided by the total units in property Initial cost of property divided by the number of units sold during the year Initial cost of property times number of unit sold during the year divided by the total units in property ANSWER DOWNLOAD EXAMIANS APP
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