Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Buyer or consumer Manufacturer Seller Producer Buyer or consumer Manufacturer Seller Producer ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The key to profitable operation for project cost control, is: None of these To keep the project cost equal to original cost estimate To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to subsequent construction budget None of these To keep the project cost equal to original cost estimate To keep the project cost within the cost budget and knowing when and where job costs are deviating To keep the project cost equal to subsequent construction budget ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To judge tentatively or approximate value of the project To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost None of these To judge tentatively or approximate value of the project To produce a statement of the approximate cost To decide an approximation of the value of the project and not the exact cost None of these ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the main reason why the sinking fund method of computing depreciation is seldom used in the industry? Rate of interest cannot be exactly determined The initial deprecation is high The initial depreciation is low Unstable economy Rate of interest cannot be exactly determined The initial deprecation is high The initial depreciation is low Unstable economy ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A leading shoe manufacturer produces a pair of Lebron James signature shoes at a labor cost of P 900.00 a pair and a material cost of P 800.00 a pair. The fixed charges on the business are P 5,000,000 a month and the variable costs are P 400.00 a pair. Royalty to Lebron James is P 1,000 per pair of shoes sold. If the shoes sell at P 5,000 a pair, how many pairs must be produced each month for the manufacturer to break-even? 2.59 2712 2632 2890 2.59 2712 2632 2890 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Which is NOT an essential element of an ordinary annuity? The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. ANSWER DOWNLOAD EXAMIANS APP
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