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 Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat 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 Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to dat ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics If 'S' is the amount available after 'n' interest periods for an initial principal 'P' with the discrete compound interest rate 'i', the present worth is given by (1 + i)n/S S/(1 + in) S/(1 + n)i S/(1 + i)n (1 + i)n/S S/(1 + in) S/(1 + n)i S/(1 + i)n ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Expenditure on research and development (R & D) is categorised as the __________ , while making an estimate of the total product cost for a chemical plant. Overhead cost Direct production cost Fixed expenses General expenses Overhead cost Direct production cost Fixed expenses General expenses ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost x (index value/(index value at original cost was obtained) The most major component of this cost index is Electrical equipments and material Fabricated equipment and machinery Process instruments and control Pumps and compressor Electrical equipments and material Fabricated equipment and machinery Process instruments and control Pumps and compressor ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics Following the six-tenth factor rule, if a log-log plot of capacity of the equipment vs. cost of the equipment is made, then a straight line is obtained, whose slope is equal to 0.2 0.8 0.6 0.1 0.2 0.8 0.6 0.1 ANSWER DOWNLOAD EXAMIANS APP
Chemical Engineering Plant Economics The amount of compounded interest during 'n' interest periods is P(1 + i)n P(1 - i)n P(1 + in) P[(1+i)n-1)] P(1 + i)n P(1 - i)n P(1 + in) P[(1+i)n-1)] ANSWER DOWNLOAD EXAMIANS APP
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