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Engineering Economics

Engineering Economics
What refers to the amount of a product made available for sale?

Demand
Good
Supply
Product

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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

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Engineering Economics
The interest calculated on the basis of 365 days a year, is known as:

None of these
Exact simple interest
Interest
Ordinary simple interest

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Engineering Economics
A man invested P110,000 for 31 days. The net interest after deducting 20% withholding tax is P890.36. Find the rate of return annually.

0.1175
0.1195
0.115
0.1232

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Engineering Economics
What refers to the cumulative effect of elapsed time on the money value of an event, based on the earning power of equivalent invested funds capital should or will earn?

Interest rate
Present worth factor
Yield
Time value of money

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Engineering Economics
What is defined as the reduction or fall of the value of an asset due to constant use and passage of time?

Deflation
Depletion
Depreciation
Inflation

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MORE MCQ ON Engineering Economics

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