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Engineering Economics

Engineering Economics
What is the simplest form of business organization?

Enterprise
Corporation
Sole proprietorship
Partnership

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Engineering Economics
A uniform series of payment occurring at equal interval of time is called ______.

Amortization
Annuity
Bond
Depreciation

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Engineering Economics
What is considered as the basic consuming or demanding unit of a commodity?

Seller
Manufacturer
Producer
Buyer or consumer

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Engineering Economics
Mr. Jun Ramos was granted a loan of P20,000 by his employer Excel First Review and Training Center, Inc. with an interest of 6% for 180 days on the principal collected in advance. The corporation would accept a promissory note for P20,000 non-interest for 180 days. If discounted at once, find the proceeds of the note.

P18,900
P18,000
P19,100
P19,000

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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?

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

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Engineering Economics
A machine costs of P 8,000 and an estimated life of 10 years with a salvage value of P 500. What is its book value after 8 years using straight line method?

P 2,200.00
P 2,300.00
P 2,000.00
P 2,100.00

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