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. ‘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

3. 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

4. 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

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

   A. Product inventory
   B. In-process inventory
   C. Minimum cash reserve
   D. Storage facilities

6. In a chemical process plant, the total product cost comprises of manufacturing cost and the__________________?

   A. General expenses
   B. Overhead cost
   C. R & D cost
   D. None of these

7. 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

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

   A. 10 to 20
   B. 35 to 45
   C. 55 to 65
   D. 70 to 80

9. Utilities cost in the operation of chemical process plant comes under the ?

   A. Plant overhead cost
   B. Fixed charges
   C. Direct production cost
   D. General expenses

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

    A. 4
    B. 13
    C. 22
    D. 34