Chemical Engineering Plant Economics
Payback period

Is affected by the variation in earnings after the recovery of the investment
And economic life of a project are the same
Is the length of time over which the earnings on a project equals the investment
All of these

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Chemical Engineering Plant Economics
Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it?

Cost for piping
Equipment insulation cost
Electrical installation cost
Equipment installation cost

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Chemical Engineering Plant Economics
In declining balance method of depreciation calculation, the

Annual cost of depreciation is same every year
Value of the asset decreases linearly with time
Annual depreciation is the fixed percentage of the property value at the beginning of the particular year
None of these

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