Chemical Engineering Plant Economics MCQ Questions & Answers

51

Which of the following is not a component of the fixed capital for a chemical plant facility?

A) Raw materials inventory B) Utilities plants C) Process equipment D) Emergency facilities

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

52

Which of the following is not a component of the working capital for a chemical process plant?

A) Product inventory B) In-process inventory C) Minimum cash reserve D) Storage facilities

Discuss

Answer & Solution

Answer: Option D

No explanation is given for this question. Let's Discuss on Board

53

Optimum economic pipe diameter for fluid is determined by the

A) Viscosity of the fluid B) Density of the fluid C) Total cost considerations (pumping cost plus fixed cost of the pipe) D) None of these

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

54

In which of the electric power generation system, the operating cost is minimum?

A) Thermal B) Nuclear C) Hydroelectric D) Fast breeder reactor

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

55

Nominal and effective interest rates are equal, when the interest is compounded

A) Quarterly B) Semi-annually C) Annually D) In no case, they are equal

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

56

Effective and nominal interest rates are equal, when the interest is compounded

A) Annually B) Fortnightly C) Monthly D) half-yearly

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

57

Which of the following ceramic packing materials is the costliest of all?

A) Berl saddles B) Raschig rings C) Pall rings D) Intalox saddles

Discuss

Answer & Solution

Answer: Option A

No explanation is given for this question. Let's Discuss on Board

58

Pick out the correct statement.

A) Difference between income and expense is termed as gross revenue B) Unamortised cost is the difference between the original cost of a property and all the depreciation charges made to date C) Sum-of-the-years-digits methods of depreciation calculation accounts for the interest on the investment D) Scrap value is the net amount of money obtainable from the sale of used property over and above any charges involved in its removal & sale

Discuss

Answer & Solution

Answer: Option B

No explanation is given for this question. Let's Discuss on Board

59

'Lang factor' is defined as the ratio of the capital investment to the delivered cost of major equipments. The value of 'Lang factor' for fixed capital investment, for a solid-fluid processing chemical plant ranges from

A) 1.2 to 1.4 B) 2.5 to 2.7 C) 4.2 to 4.4 D) 6.2 to 6.4

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

60

In an ordinary chemical plant, electrical installation cost may be about

A) 10-15% of purchased equipment cost B) 3-10% of fixed capital investment C) Either A or B D) Neither A nor B

Discuss

Answer & Solution

Answer: Option C

No explanation is given for this question. Let's Discuss on Board

Chemical Engineering Plant Economics MCQ Questions & Answers | Chemical Engineering