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.Management Sciences
Category: Plant-Economics
Gross earning is equal to the total income minus___________________?
A. Total product cost
B. Fixed cost
C. Income tax
D. None of these
An annuity is a series of equal payments occuring at equal time intervals, and this amount includes the sum of all payments plus interest, if allowed to accumulate at a definite rate of interest from the time of initial payment to the end of annuity term. Ordinary annuity is used in the calculation of the__________________?
A. Manufacturing cost
B. Depreciation by sinking fund method
C. Discrete compound interest
D. Cash ratio
Personnel working in the market research group is responsible for the job of__________________?
A. Equipment selection
B. Product evaluation
C. Equipment design
D. Cost estimation
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
Out of the following, the depreciation calculated by the _____________ method is the maximum?
A. Diminishing balance
B. Straight line
C. Sum of the years digit
D. Sinking fund
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
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
Pick out the wrong statement?
A. Net worth means paid up share capital and reserve & surplus (i.e. shareholders equity)
B. Return on equity = profit after tax/net worth
C. Working capital turnover ratio = sales/net working capital
D. Total cost of production is more than net sales realisation (NSR) at breakeven point
For a given fluid, as the pipe diameter increases, the pumping cost ______________________?
A. Decreases
B. Increases
C. Remains the same
D. May increase or decrease, depending upon whether the fluid is Newtonian or non-Newtonian
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