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

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

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Chemical Engineering Plant Economics
Pick out the correct statement.

Difference between income and expense is termed as gross revenue
Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale
Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat
Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment

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