ENGINEERING ECONOMY - EXAMPLE 7.3 : There are 2 alternatives of investment. Choice 1 : A trader offers you an investment opportunity where your investment of A$15000 presently will be A$18000 after 4 years. Choice 2 : A bank offers you 5 % annual return for your initial investment of A$15000. Question a : What is the equivalent bank payment after 4 years? Question b : By using the concept of equivalence in engineering economy, which is the better choice, between 1 and 2, that will be more profitable after 4 years?
ENGINEERING ECONOMY - ANSWER 7.3 : (a) For Choice 2, A$15000 x 1.05 = A$15750 after 1 year, A$15750 x 1.05 = A$16537.50 after 2 years, A$16537.50 x 1.05 = A$17364.375 after 3 years, A$17364.375 x 1.05 = A$18232.6 after 4 years. (b) The gain of Choice 2 > Choice 1 with A$18232.6 > A$18000, then Choice 2 is preferred. The answer is given by Kang Chuen Tat; PO Box 6263, Dandenong, Victoria VIC 3175, Australia; SMS +61405421706; chuentat@hotmail.com; http://kangchuentat.wordpress.com.
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Given, T1=600C, constant temperature of wall 800 , length of wit exchanger L=3m, dia=25 mm, Cp=14.91 KJ/kg.K, density ρ=914 kg/m3,mean velocity vm= 2 m/s, film heat transfer coefficient hf=72 Kcal/h.m2.K, what is the outlet temperature?
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FOOD ENGINEERING - QUESTION 23.3 : (a) In the measurement of the browning (optical density) of fruit juice at 10 day interval, the following pairs of data are obtained with time t in days and browning or optical density (OD) : t = 0, OD = 0.05; t = 10, OD = 0.071; t = 20, OD = 0.089; t = 30, OD = 0.11; t = 40, OD = 0.128; t = 50, OD = 0.149; t = 60, OD = 0.17. (i) By using Excel or other programs, determine if such browning reaction can be characterised by pseudo zero order kinetics, with strong correlations between the data pairs of t and OD. (ii) When OD = 0.24, the shelf life T of such juice is expired. Calculate the value of T. (b) Let food cost percentage = ( food cost / food sales ) x 100. If total food cost of bread and butter are $25, food cost percentage of bread is 50 % and for butter is 50 %, find the total food sales of bread and butter.
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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.30 : A biochemical engineering sales contract adopts Cost Recovery Method in its company accounting. Gross profit is realised only when cash collections exceed the total cost of goods sold. Let Y = Original Cost Recovered, Z = Gross Profit Realised. Its property was sold at A = $500k with cost of B = $300k. Its engineering accountant receives cash of C = $240k in first year, D = $180k in second year and E in third year. (a) Find the values of Y and Z in : (i) first year; (ii) second year; (iii) third year. (b) What is the exact value of E if all cash has been fully received from sales?
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2 Answers Atul, Deepak Fertilisers,