Chemical Engineering Plant Economics
Optimum economic pipe diameter for fluid is determined by the

Density of the fluid
Viscosity of the fluid
Total cost considerations (pumping cost plus fixed cost of the pipe)
None of these

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Chemical Engineering Plant Economics
Which of the following relationship is not correct is case of a chemical process plant?

Manufacturing cost = direct product cost + fixed charges + plant overhead costs
Total product cost = direct production cost + plant overhead cost
Total product cost = manufacturing cost + general expenses
General expenses = administrative expenses + distribution & marketing expenses

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