Related Mcqs:

1. Chemical engineering plant cost index is used for finding the present cost of a particular chemical plant, if the cost of similar plant at some time in the past is known. The present cost of the plant = original cost × (index value at present/ index value at time original cost was obtained). The most major component of this cost index is____________________?

   A. Fabricated equipment and machinery
   B. Process instruments and control
   C. Pumps and compressor
   D. Electrical equipments and material

2. Fixed capital investment of a chemical plant is the total amount of money needed to supply the necessary plant and manufacturing facilities plus the working capital for operation of the facilities. Which of the following components of fixed capital investment requires minimum percentage of it ?

   A. Electrical installation cost
   B. Equipment installation cost
   C. Cost for piping
   D. Equipment insulation cost

3. Manufacturing cost in a chemical company does not include the____________________?

   A. Fixed charges
   B. Plant overheads
   C. Direct products cost
   D. Administrative expenses

4. The economic life of a large chemical process plant as compared to a small chemical plant is_______________?

   A. Only slightly more
   B. Much more
   C. Slightly less
   D. Almost equal

5. Total product cost of a chemical plant does not include the ______________ cost?

   A. Market survey
   B. Operating labour, supervision and supplies
   C. Overhead and utilities
   D. Depreciation, property tax and insurance

6. ‘Utilities’ in a chemical process plant includes compressed air, steam, water, electrical power, oxygen, acetylene, fuel gases etc. Utility costs for ordinary chemical process plants ranges roughly from _______________ percent of the total product cost?

   A. 1 to 5
   B. 10 to 20
   C. 25 to 35
   D. 35 to 45

7. 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

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

   A. Raw materials inventory
   B. Utilities plants
   C. Process equipment
   D. Emergency facilities

9. 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

10. ‘Lang factor’ is defined as the ratio of the capital investment to the delivered cost of major equipments. The value of ‘Lang factor’ for fixed capital investment, for a solid-fluid processing chemical plant ranges from ?

    A. 1.2 to 1.4
    B. 2.5 to 2.7
    C. 4.2 to 4.4
    D. 6.2 to 6.4