Engineering Economics Which is NOT an essential element of an ordinary annuity? The payments are made at equal interval of time. The amounts of all payments are equal. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. The payments are made at equal interval of time. The amounts of all payments are equal. The first payment is made at the beginning of the first period. Compound interest is paid on all amounts in the annuity. ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What is the type of annuity where the payments are made at the beginning of the each period starting from the first period? Perpetuity Ordinary annuity Annuity due Deferred annuity Perpetuity Ordinary annuity Annuity due Deferred annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Horizon cost Ghost cost Opportunity cost Null cost Horizon cost Ghost cost Opportunity cost Null cost 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? 1.4 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 1.6 hours per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A construction estimate is used To decide an approximation of the value of the project and not the exact cost To produce a statement of the approximate cost None of these To judge tentatively or approximate value of the project To decide an approximation of the value of the project and not the exact cost To produce a statement of the approximate cost None of these To judge tentatively or approximate value of the project ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What bond whose security is a mortgage on certain specified assets of the corporation? Registered bond Mortgage bond Debenture bond Collateral trust bond Registered bond Mortgage bond Debenture bond Collateral trust bond ANSWER DOWNLOAD EXAMIANS APP