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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
In what method of computing depreciation where it assumes that a sinking fund is established in which funds will accumulate for replacement purposes?

Straight line method
Sinking fund method
Sum-of-year digit method
Declining balance method

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Engineering Economics
The difference between the present and future worth of money at some time in the future is called ______.

Deduction
Depletion
Discount
Inflation

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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
1.4 hours per unit
1.6 hours per unit

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Engineering Economics
The common ratio is the ratio of:

Current assets to current liabilities
Net income to owner’s equity
Gross profit to net sales
Net credit sales to average net receivable

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Engineering Economics
Mr. David deposits Rs 1200 now, Rs 800 two years from now and Rs 1000 five years from now. If the savings bank's rate of interest in 5%, he will receive an amount of Rs X, 10 years from now, where ‘X’ is

Rs. 4413
Rs. 3415
Rs. 4826
Rs. 4225

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