Discussion :: Chemical Engineering Plant Economics
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Pick out the wrong statement.
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A.
The annual depreciation rate for machinery and equipments in a chemical process plant is about 10% of the fixed capital investment.
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B.
Annual depreciation rate of buildings in a chemical plant is about 3% of its initial cost.
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C.
Insurance rates on annual basis in a chemical plant may be about 1% of the fixed capital investment.
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D.
In a chemical industry, research and development cost amounts to about 15% of net sales realisation (NSR).
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Answer : Option D
Explanation :
No answer description available for this question.
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