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Engineering Economics

Engineering Economics
Probabilistic estimating of a construction project includes:

Wage scale
Labour
All of these
Productivity

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Engineering Economics
If ‘S’ is the future capital accumulated in ‘n’ years at the rate of interest ‘I’ per annum, then present worth is:

S (1 + i)1/n
None of these
S/(1 + i)n
S (1 + i)n

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Engineering Economics
What is the factor name of the formula [i(1+i)^n]/[((1+i)^n)-1]?

Uniform gradient future worth
Uniform series sinking fund
Single payment present worth
Capital recovery

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Engineering Economics
The alternatives which are standalone solutions for given situations in engineering involve:

A purchase cost (first cost)
The anticipated resalable value (salvage value) and the interest return (rate of return)
The anticipated life of the assets
All of these

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Engineering Economics
What type of depreciation is due to the reduction of the physical ability of an equipment or asset to produce results?

Functional depreciation
Design depreciation
Demand depreciation
Physical depreciation

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Engineering Economics
In what method of computing depreciation where it assumes that the loss in value is directly proportional to the age of the equipment or asset?

Sinking fund method
Straight line method
Declining balance method
Sum-of-year digit method

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