Unit Op Economics Flashcards
A design based on conditions giving the least cost per unit time and maximum profit per unit production.
a. battery limit
b. break-even point
c. optimum economic design
d. plant design
c
A flow diagram, indicating the flow of materials, unit operations involved, equipment necessary and special information on operating temperature and pressure is a
a. schematic diagram
b. qualitative flow diagram
c. combined-detail flow diagram
d. quantitative flow diagram
b
In a plant design implementation, soil testing is done to determine
a. pH
b. load bearing capacity
c. porosity
d. viscosity
b
This involves all engineering aspects in the development of either a new, modified or expanded industrial plant
a. plant design
b. optimum design
c. process design
d. engineering design
a
A chemical engineer specializing in the economic aspects of design is called
a. plant engineer
b. cost engineer
c. design engineer
d. process engineer
b
This refers to the actual design of the equipment and facilities necessary for carrying out the process.
a. process engineering
b. plant design
c. process design
d. optimum design
c
The final step before developing construction plans for the plant and includes complete specifications for all components of the plant and accurate costs based on quoted prices.
a. preliminary design
b. quick estimate design
c. firm process design
d. detailed design estimate
c
A thorough and systematic analysis of all factors that affect the possibility of success of a proposed undertaking usually dealing with the market, technical, financial, socio-economic and management aspects is called
a. project feasibility study
b. plant design
c. project development and research
d. product development
a
Discusses the nature of the product line, the technology necessary for production, its availability, the proper mix of production resources and the optimum production volume.
a. market feasibility
b. socio-economic feasibility
c. technical feasibility
d. management feasibility
c
Discusses the nature of the unsatisfied demand which the project seeks to meet, its growth and the manner in which it is to be met.
a. financial feasibility
b. management feasibility
c. market feasibility
d. technical feasibility
c
