Chemical Engineering Plant Economics MCQs
Practice free Chemical Engineering Plant Economics multiple-choice questions with instant answer feedback and step-by-step solutions. Click an option to check yourself, reveal the full explanation, and work through all 108 questions — no login required.
Question 10hard
Factory manufacturing cost is the sum of the direct production cost
Question 11medium
Utilities cost in the operation of chemical process plant comes under the
Question 12hard
Which of the following does not come under the sales expenses for a product of a chemical plant?
Advertisement
Question 13hard
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.
Question 14hard
According to six-tenths-factor rule, if the cost of a given unit at one capacity is known, then the cost of similar unit with times the capacity of the first unit is approximately equal to __________ times the cost of the initial unit.
Question 15hard
An investment of Rs. 1000 is carrying an interest of 10% compounded quarterly. The value of the investment at the end of five years will be
Advertisement
Question 17hard
Purchased cost of equipments for a chemical process plant ranges from __________ percent of the fixed capital investment.
Question 18hard
Cost of piping in a fluid processing unit (e.g., distillation) of a chemical process plant is about __________ percent of the fixed capital investment.