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Engineering Economics

Engineering Economics
All are classified under direct labor expenses EXCEPT one. Which one?

Inspection cost
Supervision cost
Testing cost
Assembly cost

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Engineering Economics
If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is:

ni
None of these
(1 + ni)
(ni - 1)

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Engineering Economics
What are the common methods of computing depletion charge?

Conservative method and conventional method
Discrete method and depletion allowance method
Unit method and percentage method
Rational method and irrational method

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Engineering Economics
What is a market situation whereby there is only one buyer of an item for which there is no goods substitute?

Monopsony
Oligopoly
Oligopsony
Monopoly

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Engineering Economics
In year zero, you invest P 10,000.00 in a 15% security for 5 years. During that time, the average annual inflation is 6%. How much in terms of year zero pesos will be in the account at maturity?

P 16,892.34
P 20,113.57
P 15,030.03
P 18,289.05

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

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