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Chemical Engineering :: Chemical Engineering Plant Economics

  1. Scheduling provides information about the

  2. A.
    proper utilisation of machines.
    B.
    means to minimise idle time for machines.
    C.
    time of completion of job.
    D.
    time of starting of job and also about how much work should be completed during a particular period.

  3. The inventory of raw materials included in the working capital is usually about __________ months supply of raw materials valued at delivery prices.

  4. A.
    one
    B.
    three
    C.
    six
    D.
    twelve

  5. Which of the following is the costliest material of construction used in pressure vessel construction ?

  6. A.
    Low alloy steel
    B.
    Lead
    C.
    Titanium
    D.
    High alloy steel

  7. Most chemical plants use an initial working capital amounting to 10-20% of the total capital investment. But this percentage may increase to __________ percent in case of seasonal products manufacturing plant.

  8. A.
    30
    B.
    50
    C.
    75
    D.
    95

  9. Fixed charges for a chemical plant does not include the

  10. A.
    interest on borrowed money.
    B.
    rent of land and buildings.
    C.
    property tax, insurance and depreciation.
    D.
    repair and maintenance charges.

  11. 'Utilities' in a chemical process plant includes compressed air, steam, water, electrical power, oxygen, acetylene, fuel gases etc. Utility costs for ordinary chemical process plants ranges roughly from __________ percent of the total product cost.

  12. A.
    l to 5
    B.
    10 to 20
    C.
    25 to 35
    D.
    35 to 45

  13. The economic life of a large chemical process plant as compared to a small chemical plant is

  14. A.
    only slightly more
    B.
    much more
    C.
    slightly less
    D.
    almost equal

  15. Cost of instrumentation in a modern chemical plant ranges from __________ percent of the total plant cost.

  16. A.
    5 to 10
    B.
    20 to 30
    C.
    40 to 50
    D.
    60 to 70

  17. __________ taxes are based on gross earnings.

  18. A.
    Property
    B.
    Excise
    C.
    Income
    D.
    Capital gain

  19. Pick out the wrong statement.

  20. A.
    Net worth means paid up share capital and reserve & surplus (i.e. shareholders equity).
    B.
    Return on equity = profit after tax/net worth.
    C.
    Working capital turn over ratio = sales/net working capital.
    D.
    Total cost of production is more than net sales realisation (NSR) at break even point.