‘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

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.

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

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.

If the demand for an item is trebled and the order cost is reduced to one third, then the economic order quantity

Question: If the demand for an item is trebled and the order cost is reduced to one third, then the economic order quantity
[A].

is trebled.

[B].

remains unchanged.

[C].

decreases by a factor of 3.

[D].

decreases by a factor of 1/3.

Answer: Option B

Explanation:

No answer description available for this question.