Online Chemical Engineering Test - Chemical Engineering Plant Economics Test

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Total number of questions: 20.
Time allotted: 30 minutes.
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The inventory of raw materials included in the working capital is usually about __________ months supply of raw materials valued at delivery prices.

one

three

six

twelve

[#]

Scheduling provides information about the

proper utilisation of machines.

means to minimise idle time for machines.

time of completion of job.

time of starting of job and also about how much work should be completed during a particular period.

[#]

"Break-even point" is the point of intersection of

fixed cost and total cost.

total cost and sales revenue.

fixed cost and sales revenue.

none of these.

[#]

Which of the following is a component of working capital investment ?

Utilities plants.

Maintenance and repair inventory.

Process equipments.

Depreciation.

[#]

For a given fluid, as the pipe diameter increases, the pumping cost

decreases.

increases.

remains the same.

may increase or decrease, depending upon whether the fluid is Newtonian or non-Newtonian.

[#]

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

Thermal

Nuclear

Hydroelectric

Fast breeder reactor

[#]

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.

[#]

__________ method for profitability evaluation of a project does not account for investment cost due to land.

Net present worth

Pay out period

Discounted cash flow

Rate of return on investment

[#]

__________ of depreciation calculation accounts for the interest on investement.

Straight line method

Declining balance

both (a) and (b)

neither (a) nor (b).

[#]

10.

Operating profit of a chemical plant is equal to

profit before interest and tax i.e., net profit + interest + tax

profit after tax plus depreciation

net profit + tax

profit after tax

[#]

11.

Pick out the wrong statement.

Net worth means paid up share capital and reserve & surplus (i.e. shareholders equity).

Return on equity = profit after tax/net worth.

Working capital turn over ratio = sales/net working capital.

Total cost of production is more than net sales realisation (NSR) at break even point.

[#]

12.

Fixed charges for a chemical plant does not include the

interest on borrowed money.

rent of land and buildings.

property tax, insurance and depreciation.

repair and maintenance charges.

[#]

13.

Personnel working in the market research group is reponsible for the job of

equipment selection.

product evaluation.

equipment design.

cost estimation.

[#]

14.

Which of the following elements is not included in the scope of market analysis ?

Competition from other manufactures.

Product distribution.

Opportunities

Economics

[#]

15.

Which of the following is the costliest source of getting hydrogen on commercial scale for the manufacture of nitrogeneous fertiliser ?

Coal gasification

Steam reforming of naphtha

Alectrolysis of water

Coke oven gas

[#]

16.

Which of the following is the cheaptest material of construction for the storage of sodium hydroxide upto a concentration of 75% ?

Stainless steel

Plain carbon steel

Nickel

Copper

[#]

17.

The amount of compounded interest during 'n' interest periods is

p[(1+i)ⁿ-1)]

p(1 + i)ⁿ

p(1 - i)ⁿ

p(1 + iⁿ)

[#]

18.

Optimum economic pipe diameter for fluid is determined by the

viscosity of the fluid.

density of the fluid.

total cost considerations (pumping cost plus fixed cost of the pipe).

none of these.

[#]

19.

__________ of depreciation calculation does not take into account the interest on investments.

Present worth method

Sinking fund method

Sum of the years-digits method

all (a), (b) and (c)

[#]

20.

For a typical project, the cumulative cash flow is zero at the

end of the project life.

break even point.

start up.

end of the design stage.

[#]

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Online Chemical Engineering Test - Chemical Engineering Plant Economics Test

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