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CHEMICAL ENGINEERING PLANT ECONOMICS

Chemical Engineering Plant Economics
Gantt chart (or Bar chart) is helpful in

Efficient utilisation of manpower and machines
Efficient despatching of products
Preparing production schedule
Inventory control

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Chemical Engineering Plant Economics
Cost of instrumentation in a modern chemical plant ranges from __________ percent of the total plant cost.

40 to 50
20 to 30
60 to 70
5 to 10

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Chemical Engineering Plant Economics
Annual depreciation costs are constant, when the __________ method of depreciation calculation is used.

None of these
Sum of the years digit
Straight line
Declining balance

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Chemical Engineering Plant Economics
Annual depreciation cost are not constant when, the __________ method of depreciation calculation is used.

Present worth
Straight line
Sinking fund
Declining balance

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Chemical Engineering Plant Economics
The payback method for the measurement of return on investment

Underemphasises liquidity
Gives a correct picture of profitability
Does not measure the discounted rate of return
Takes into account the cash inflows after the recovery of investments

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