Engineering Economics The project contractor relies on the cost of the estimate: For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract All of these For a unit price contract For preparation of a definitive estimate to help negotiate contract For submission of a competitive bid for a lump-sum contract All of these For a unit price contract ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What refers to the ratio of the interest payment to the principal for a given unit of time and usually expressed as a percentage of the principal? Return of investment Yield Rate of return Interest rate Return of investment Yield Rate of return Interest rate ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand? 1.4 hours per unit 1.2 hours per unit 1.0 hour per unit 1.6 hours per unit 1.4 hours per unit 1.2 hours per unit 1.0 hour per unit 1.6 hours per unit ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics It is the practice of almost all banks in the Philippines that when they grant a loan, the interest for one year is automatically deducted from the principal amount upon release of money to a borrower. Let us therefore assume that you applied for a loan with a bank and the P80,000 was approved at an interest rate of 14% of which P11,200 was deducted and you were given a check of P68,800. Since you have to pay the amount of P80,000 one year after, what then will be the effective interest rate? 0.1647 0.1632 0.1602 0.1628 0.1647 0.1632 0.1602 0.1628 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What rate of interest compounded annually is the same as the rate of interest of 8% compounded quarterly? 0.0807 0.0824 0.0816 0.0812 0.0807 0.0824 0.0816 0.0812 ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A form of business organization in which a person conducts his business alone and entirely for his own profit, being solely responsible for all its activities and liabilities. Partnership Entrepreneurship Corporation Sole proprietorship Partnership Entrepreneurship Corporation Sole proprietorship ANSWER DOWNLOAD EXAMIANS APP
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