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Chemical Engineering Plant Economics MCQs: 90 Questions & Answers in Engineering

90 Chemical Engineering Plant Economics MCQs in Engineering with answers & explanations. Page 3. Practice objective questions for competitive exams, intervie… Use the answer toggle below to show or hide all solutions, tap an option to check one question, or open a question for its own page.

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Chemical Engineering Plant Economics MCQs: 90 Questions & Answers in Engineering

In a chemical process plant, the total product cost comprises of manufacturing cost and the

Factory manufacturing cost is the sum of the direct production cost

Manufacturing cost in a chemical company does not include the

Which of the following is not a component of depreciation cost?

Cost incurred towards __________ in a chemical plant is a component of the utilities cost.

A balance sheet for a chemical plant shows its financial condition at any given date. It does not contain the __________ of the plant.

Pick out the wrong statement.

Utilities cost in the operation of chemical process plant comes under the

Which of the following does not come under the sales expenses for a product of a chemical plant?

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.

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.

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

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

Pick out the correct statement.

Equipment installation cost in a chemical process plant ranges from __________ percent of the purchased equipment cost.

Purchased cost of equipments for a chemical process plant ranges from __________ percent of the fixed capital investment.

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

Cost of piping in a fluid processing unit (e.g., distillation) of a chemical process plant is about __________ percent of the fixed capital investment.

Optimum economic pipe diameter for fluid is determined by the

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

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