Engineering Economics What is defined as the investment of loan or principal which is based not only on the original amount of the loan or principal but the amount of loaned or principal plus the previous accumulated interest? Effective rate of interest Nominal rate of interest Simple interest Compound interest Effective rate of interest Nominal rate of interest Simple interest Compound interest 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? 1.6 hours per unit 1.4 hours per unit 1.2 hours per unit 1.0 hour per unit 1.6 hours per unit 1.4 hours per unit 1.2 hours per unit 1.0 hour per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Capitalized cost of any structure or property is computed by which formula? First cost + cost of perpetual maintenance First cost + interest of first cost Annual cost – interest of first cost First cost + salvage value First cost + cost of perpetual maintenance First cost + interest of first cost Annual cost – interest of first cost First cost + salvage value ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is defined as the current assets minus inventories and prepaid expenses? Profit margin ratio Quick ratio Price-earnings ratio Return of investment ratio Profit margin ratio Quick ratio Price-earnings ratio Return of investment ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]? Single payment present worth Uniform gradient future worth Uniform series sinking fund Capital recovery Single payment present worth Uniform gradient future worth Uniform series sinking fund Capital recovery ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is: None of these (1 + i)(1/2n) (1 + i)n √(n + i) None of these (1 + i)(1/2n) (1 + i)n √(n + i) ANSWER DOWNLOAD EXAMIANS APP