How to practice Plant Design and Economics

Attempt a question, record the concept and assumptions, then check the available answer. Rework mistakes after revising the relevant concepts. Topic tags can overlap; review the question context.

Questions 1–10 of 27. Imported answers require independent review unless marked reviewed.

Topic practice 27 questionsPage 1 of 3

Question 29

Open question
CHMSQ1 markNeeds review
Which of the following methods for calculating profitability does/do NOT consider the time value of money?
Your answerSelect all correct options. You can choose more than one.

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Question 46

Open question
CHMCQ2 marksNeeds review
In a certain project, 15% of the total investment is the working capital. The minimum acceptable rate of return is 4.95% and the period of evaluation is 15 years. Which one of the following is the maximum acceptable project payback period (in years)?
Your answerChoose one option.

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Question 26

Open question
CHMCQ1 markNeeds review
The capital cost (

) of an industrial equipment varies with its capacity (

) as

. The rule-of-thumb value of the exponent

is
Your answerChoose one option.

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Question 63

Open question
CHNAT2 marksNeeds review
It is proposed to install thermal insulation in a residence to save on the summer-monsoon season air-conditioning costs. The estimated yearly saving is 20 thousand rupees. The cost of installation of the insulation is 150 thousand rupees. The life of the insulation is 12 years. For a compound interest rate of 9% per annum, the minimum salvage value of the insulation for which the proposal is competitive, is ____ thousand rupees (rounded off to nearest integer).

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Question 64

Open question
CHNAT2 marksNeeds review
Consider the flowsheet in the figure for manufacturing

via the reaction

in an isothermal CSTR. The split in the separator is perfect so that the recycle stream is free of

and the product stream is pure

. Let

denote the mole fraction of species

(

) in the CSTR, which is operated in excess

with

. The reaction is first-order in

with the reaction rate

, where

kmol/(m

h).
Diagram for Chemical Engineering question 64

The reactor volume

in m

is to be optimized to minimize the cost objective

, where

is the recycle rate in kmol/h. For a product rate

kmol/h, the optimum value of

is ____ m

(rounded off to the nearest integer).
GIVEN:


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Question 35

Open question
CHNAT1 markNeeds review
The capital cost of a distillation column is Rs. 90 lakhs. The cost is to be fully depreciated (salvage value is zero) using the double-declining balance method over 10 years. At the end of two years of continuous operation, the book-value of the column, in lakhs of rupees, rounded off to 1 decimal place, is _____

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Question 49

Open question
CHMCQ2 marksNeeds review
For purchasing a batch reactor, three alternatives P, Q and R have emerged, as summarized in the table. For a compound interest rate of 10% per annum, choose the correct option that arranges the alternatives, in order, from the least expensive to the most expensive.

P
Q
R
Installed Cost (lakh rupees)
15
25
35
Equipment Life (years)
3
5
7
Maintenance Cost (lakh rupees per year)
4
3
2
Your answerChoose one option.

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Question 63

Open question
CHNAT2 marksNeeds review
A design engineer needs to purchase a membrane module (M) for a plant. Details about the two available options, M1 and M2, are given in the table below. The overall plant has an expected life of 7 years. If the interest rate is 8% per annum, compounded annually, the difference in the net present value (NPV) of these two options, in lakhs of rupees, is _____ (rounded off to one decimal place).

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Question 64

Open question
CHNAT2 marksNeeds review
The purchase cost of a new distillation column is Rs. 10 lakhs with an installation factor of 5.8. The cost of the capital is to be annualized over a period of 6 years at a fixed rate of interest of 5 % per annum, compounded annually. The annual cost (in lakhs of rupees) of the installed capital is ______ (rounded off to one decimal place).

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Question 65

Open question
CHNAT2 marksNeeds review
Pumps

and

are being considered for purchase in a chemical plant. Cost details for these two pumps are given in the table below. The interest rate is 10 % per annum, compounded annually. For both the pumps to have the same capitalized cost, the salvage value (in Rs.) of pump B should be _____ (rounded off to the nearest integer).

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