Chemical Engineering - Chemical Engineering Plant Economics

Exercise :: Chemical Engineering Plant Economics - Section 1

21. 

Scheduling provides information about the

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.

Answer: Option D

Explanation:

No answer description available for this question. Let us discuss.

22. 

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

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

Answer: Option A

Explanation:

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23. 

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

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

Answer: Option C

Explanation:

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24. 

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.

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

Answer: Option B

Explanation:

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25. 

Fixed charges for a chemical plant does not include the

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

Answer: Option D

Explanation:

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