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Engineering Economics

Engineering Economics
What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly?

0.0812
0.0824
0.0807
0.0816

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Engineering Economics
What refers to the market situation in which any given product is supplied by a very large number of vendors and there is no restriction against additional vendors from entering the market?

Oligopoly
Oligopsony
Monopoly
Perfect competition

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Engineering Economics
What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal?

Return of investment
Interest rate
Rate of return
Yield

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Engineering Economics
An amount of P1,000 becomes P1,608.44 after 4 years compounded bimonthly. Find the nominal interest.

0.1189
0.12
0.1232
0.1208

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Engineering Economics
What is normally used to compare alternatives that accomplish the same purpose but have unequal lives?

Capitalized cost method
MARR
Annual cost method
Present worth method

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

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