Engineering Economics What refers to an imaginary cost representing what will not be received if a particular strategy is rejected? Opportunity cost Horizon cost Null cost Ghost cost Opportunity cost Horizon cost Null cost Ghost cost ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics A mathematical expression also known as the present value of annuity of one is called ______. Present worth factor Load factor Demand factor Sinking fund factor Present worth factor Load factor Demand factor Sinking fund factor ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics If ‘P’ is principal amount, ‘i’ is the rate of interest and ‘n’ is the number of periods in years, then the interest factor is: None of these (1 + ni) (ni - 1) ni None of these (1 + ni) (ni - 1) ni ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics The annuity which refers to a debt payment for recovering the initial amount or capital in equal periodical payments, is known as; Capital recovery annuity Present Worth Annuity Sinking fund annuity Compound annuity Capital recovery annuity Present Worth Annuity Sinking fund annuity Compound annuity ANSWER DOWNLOAD EXAMIANS APP
Engineering Economics What annuity is required over 12 years to equate with a future amount of P 20,000? Assume i= 6% annually. P 1,205.74 P 1,107.34 P 1,185.54 P 1,290.34 P 1,205.74 P 1,107.34 P 1,185.54 P 1,290.34 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? 1.6 hours per unit 1.2 hours per unit 1.4 hours per unit 1.0 hour per unit 1.6 hours per unit 1.2 hours per unit 1.4 hours per unit 1.0 hour per unit ANSWER DOWNLOAD EXAMIANS APP