Engineering Economics What is considered as the basic consuming or demanding unit of a commodity? Producer Buyer or consumer Seller Manufacturer Producer Buyer or consumer Seller Manufacturer ANSWER DOWNLOAD EXAMIANS APP
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? 1.4 hours per unit 1.2 hours per unit 1.6 hours per unit 1.0 hour per unit 1.4 hours per unit 1.2 hours per unit 1.6 hours per unit 1.0 hour per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘a’ is the base amount expenditure, ‘b’ is the increase in the operation cost each year over a period of’ 'n’ years, the total cost of maintenance is: a × (n - 1) b a - (n - 1) b a + (n - 1) b a + (n + 1) b a × (n - 1) b a - (n - 1) b a + (n - 1) b a + (n + 1) b ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A loan for P50,000 is to be paid in 3 years at the amount of P65,000. What is the effective rate of money? 0.0931 0.0901 0.0941 0.0914 0.0931 0.0901 0.0941 0.0914 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics In a cash-flow diagram: A vertical arrow pointing up indicates a positive cash flow All of these Time 0 is considered to be the present Time 1 is considered to be the end of time period 1 A vertical arrow pointing up indicates a positive cash flow All of these Time 0 is considered to be the present Time 1 is considered to be the end of time period 1 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics “When one of the factors of production is fixed in quantity or is difficult to increase, increasing the other factors of production will result in a less than proportionate increase in output”. This statement is known as the: Law of supply and demand Law of supply Law of diminishing return Law of demand Law of supply and demand Law of supply Law of diminishing return Law of demand ANSWER DOWNLOAD EXAMIANS APP
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