Engineering Economics What is a stock of a product which is held by a trade body or government as a means of regulating the price of that product? Withheld stock Hoard stock Stock pile Buffer stock Withheld stock Hoard stock Stock pile Buffer stock 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 What type of depreciation is due to the reduction in the demand for the function that the equipment or asset was designed to render? Demand depreciation Functional depreciation Physical depreciation Design depreciation Demand depreciation Functional depreciation Physical depreciation Design depreciation ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The ratio obtained by dividing 'quick assets' by current liabilities is called Acid test ratio Solvency ratio None of these Turnover ratio Acid test ratio Solvency ratio None of these Turnover ratio ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics Gross margin is the ratio of the gross profit to ______. Inventory turnover Owner’s equity Net sale Quick assets Inventory turnover Owner’s equity Net sale Quick assets ANSWER DOWNLOAD EXAMIANS APP
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? Sum-of-year digit method Declining balance method Sinking fund method Straight line method Sum-of-year digit method Declining balance method Sinking fund method Straight line method ANSWER DOWNLOAD EXAMIANS APP
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