Engineering Economics
Which one of the following questions is relevant to the construction estimates?

Did the estimators precisely evaluate site conditions
All of these
How much money will the contractor's risk, loosing if he were to submit bid on the raw estimate of cost
Did the estimators use short cut methods which may be unrealistic in their situation

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Engineering Economics
The monthly demand for ice cans being manufactured by Mr. Camus is 3200 pieces. With a manual operated guillotine, the unit cutting cost is P25.00. An electrically operated hydraulic guillotine was offered to Mr. Camus at a price of P275,000.00 and which cuts by 30% the unit cutting cost. Disregarding the cost of money, how many months will Mr. Camus be able to recover the cost of the machine if he decides to buy now?

11 months
13 months
10 months
12 months

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Engineering Economics
In case of bankruptcy of a partnership,

The partners personal assets are attached to the debt of the partnership
The partners are not liable for the liabilities of the partnership
The partners nay sell stock to generate additional capital
The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities

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