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Engineering Economics

Engineering Economics
A loan of P5,000 is made for a period of 15 months, at a simple interest rate of 15%, what future amount is due at the end of the loan period?

5712.4
5937.5
5873.2
5690.12

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Engineering Economics
If ‘P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:

(1 + i)n
√(n + i)
None of these
(1 + i)(1/2n)

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Engineering Economics
A mathematical expression also known as the present value of annuity of one is called ______.

Demand factor
Sinking fund factor
Present worth factor
Load factor

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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?

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

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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?

Perfect competition
Oligopoly
Oligopsony
Monopoly

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Engineering Economics
The wages of supervisors and material handlers are charged as:

Direct labour cost
None of these
Over head
Indirect labour cost

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