Chemical Engineering Plant Economics

Question: Expenditure on research and development (R & D) is categorised as the __________ , while making an estimate of the total product cost for a chemical plant.
[A].

overhead cost

[B].

fixed expenses

[C].

general expenses

[D].

direct production cost

Answer: Option C

Explanation:

No answer description available for this question.

Question: 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

Answer: Option B

Explanation:

No answer description available for this question.

Question: ‘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].

l to 5

[B].

10 to 20

[C].

25 to 35

[D].

35 to 45

Answer: Option B

Explanation:

No answer description available for this question.

Question: ‘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

Answer: Option C

Explanation:

No answer description available for this question.

Question: 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

Answer: Option B

Explanation:

No answer description available for this question.

Question: 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

Answer: Option B

Explanation:

No answer description available for this question.

Question: Optimum number of effects in a multiple effect evaporator is decided by the
[A].

cost benefit analysis.

[B].

floor area availability.

[C].

terminal parameters.

[D].

evaporation capacity required.

Answer: Option A

Explanation:

No answer description available for this question.