Functional depreciation of an equipment is the measure of decrease in its value due to its _________________?
(A) Ageing
(B) Wear and tear
(C) Obsolescence
(D) Breakdown or accident
Depreciation is ____________________ in profit with time?
(A) Decrease
(B) Increase
(C) No change
(D) None of these
Effluent treatment cost in a chemical plant is categorised as the __________________ cost?
(A) Fixed
(B) Overhead
(C) Utilities
(D) Capital
Gross earning is equal to the total income minus___________________?
(A) Total product cost
(B) Fixed cost
(C) Income tax
(D) None of these
In a manufacturing industry, breakeven point occurs, when the___________________?
(A) Total annual rate of production equals the assigned value
(B) Total annual product cost equals the total annual sales
(C) Annual profit equals the expected value
(D) Annual sales equals the fixed cost
Cost of instrumentation in a modern chemical plant ranges from _____________________ percent of the total plant cost?
(A) 5 to 10
(B) 20 to 30
(C) 40 to 50
(D) 60 to 70
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
_____________ method for profitability evaluation of a project does not account for investment cost due to land ?
(A) Net present worth
(B) Pay out period
(C) Discounted cash flow
(D) Rate of return on investment
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
The ‘total capital investment’ for a chemical process plant comprises of the fixed capital investment and the_________________?
(A) Overhead cost
(B) Working capital
(C) Indirect production cost
(D) Direct production cost