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?
ACCOUNTING AND FINANCIAL ENGINEERING - ANSWER 34.30 : (a)(i) First year : Y = C = $240k, Z = 0 (since C < B). (ii) Second year : Y = B - C = $300k - $240k = $60k, Z = C + D - B = $240k + $180k - $300k = $120k [ since (C + D) > B ]. (iii) Third year : Y = 0, Z = E. (b) E = A - C - D = $500k - $240k - $180k = $80k. 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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POLYMER ENGINEERING - QUESTION 24.3 : The molecular weights M in kg / mol of 3 different monomers a, b and c in a polymer are Ma = 14, Mb = 16 and Mc = 18, with their respective quantities in N units having the ratio of Na : Nb : Nc = 2 : 3 : 5. (a) Find the numerical average molecular weight of the polymer by using the formula (Ma Na + Mb Nb + Mc Nc) / (Na + Nb + Nc). (b) Find the weighted average molecular weight of the polymer by using the formula (Ma Na Ma + Mb Nb Mb + Mc Nc Mc) / (Ma Na + Mb Nb + Mc Nc). (c) Calculate the polydispersity Q by using the answer in (b) divided by answer in (a). (d) Find the volumetric average molecular weight of the polymer by using the formula (Ma Na Ma Ma + Mb Nb Mb Mb + Mc Nc Mc Mc) / (Ma Na Ma + Mb Nb Mb + Mc Nc Mc). (e) Estimate the polydispersity Q by using the answer in (d) divided by answer in (b).
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COMPUTER PROGRAMMING FOR ENGINEERS - EXAMPLE 17.3 : (a) The byte is the basic building block of computer data used in chemical engineering process simulation where 16 bits make a word, 4 bits make a nibble, 32 bits make a quad word and 8 bits make a byte. Then how many nibbles are there in a megabytes? (b) In computer data items, let : 1 bit - counts from 0 to 1, 8 bits - counts from 0 to 255, 16 bits - counts from 0 to A. What is the value of A? (c) In a binary system of 4 bits, if 1100 = 12, 1101 = 13, 1110 = 14, 1111 = 15, B = 16, then guess the value of B. (d) By using any form of tools, find the exact value of 2 power 64 or 2^64.
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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.9 : In the modelling of the total of n rolls of a dice by an engineering student, let D be the random outcome of rolling a dice once. (a) Find the probability of outcome of D = 1, 2, 3, 4, 5 and 6. (b) Find the average score of each rolling of a dice D. (c) Find the expected value, Sn of n rolls of a dice in term of n and D. A new dice has a value of D* = D - 3.5. (d) Find the values of D* for each volume of D = 1, 2, 3, 4, 5 and 6. (e) Find the equivalent model of Sn in term of n and D. (f) Find the expected value of D*.
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