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Engineering Economics

Engineering Economics
What is the simplest form of business organization?

Corporation
Enterprise
Sole proprietorship
Partnership

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Engineering Economics
The price at which the callable bond will be redeemed from the bondholder is called ______.

Call value
Par value
Redemption value
Face value

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Engineering Economics
Which of these gives the lowest effective rate of interest?

11.60 % compounded annually
12.35 % compounded annually
11.90 % compounded annually
12.20 % compounded annually

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Engineering Economics
What is defined as any tangible economic product that contributes directly or indirectly to the satisfaction of human want?

Goods or commodities
Goods
Services
Commodities

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Engineering Economics
What is the type of annuity that does not have a fixed time span but continues indefinitely or forever?

Ordinary annuity
Perpetuity
Deferred annuity
Annuity due

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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?

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

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