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Chemical Engineering Interview Questions
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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.4 : A university is enrolling new students of biochemical engineering degree. A long queue is formed during registration. Let L = rate of newcomers to a queue, m = number of clients served at a certain time, T = time in system. In M / M / 1 queue, let T = time waiting in a queue + service time, L = 2 / second, m = 3 / second. (a) Find the service time, A = 1 / m. (b) Calculate time waiting in a queue, B = A (L / m) / (1 - L / m). (c) What is the value of T?

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.5 : In an American style option for share market, 2 persons - A and B agree to the following : B is required to sell 100 shares of IBMS to A for $85 per share anytime that A wants in the next 8 months. A will pay B $2 per share up front, non-refundable for this option. IBMS involves in petrochemical processing. IBMS stock is currently selling for $80 per share. (a) If A did not buy the share of IBMS from B after 8 months, how much will B earn? (b) If the share of IBMS goes up to $100 / share in 6 months later : (i) how much should A pay B for 100 shares according to their optional agreement? (ii) how much will A earn from 100 shares purchased from B when all the 100 shares are sold to the open market? (iii) how much net profit will A earn for selling 100 shares to the open market?

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.6 : In a random walk, a stochastic process starts off with a score of A. This is a score for a chemical engineering test. At each discrete event, there is probability p chance you will increase your score by B and a (1 - p) chance you will decrease your score by C. The event happens T times. Let D = expected value of score. (a) Form an equation of D as a function of A, B, C, T and p. (b) Find the value of D if A = 60, B = 1, C = -1, T = 50, p = 0.5.

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.7 : An engineering investor purchases a $1000 bond that matures in 25 years. The coupon rate is 8 %. The purchase price is at 95 or 95 % of the par bond value. (a) What is the purchase price of the bond? (b) How much discount is enjoyed by the investor on average each year? (c) Find the income generated from coupon rate each year. (d) Find the overall interet rate or Yield to Maturity (YTM) by using the formula : YTM = [ Answer in (c) + Answer in (b) ] x 200 / [ par bond value + Answer in (a) ].

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.8 : Cash flow agreement where the sign + or - of the amounts are start negative and at a point switch to positive and stay positive is referred to has an investment. The cash flow could be denoted by the symbol of [a, b, c ...]. Consider the following two cases in a biochemical factory : (a) You pay $1 today. You receive $1.05, one year from now. (b) You pay $3 today. You receive $5, one year from today. You pay $2, two years from today. Determine if cases (a) and (b) are an investment or a business transaction with cash flow symbol. Find the interest rate r in the cash flow in both cases (a) and (b).

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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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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.10 : Let D be the random outcome of rolling a dice once. A new dice has values of D* = D - 3.5. There is a total of n rolls of a dice. (a) Find the variance for D* by using the formula 6 V = [ D* (D = 1) ] [ D* (D = 1) ] + [ D* (D = 2) ] [ D* (D = 2) ] + [ D* (D = 3) ] [ D* (D = 3) ] + [ D* (D = 4) ] [ D* (D = 4) ] + [ D* (D = 5) ] [ D* (D = 5) ] + [ D* (D = 6) ] [ D* (D = 6) ]. (b) Calculate the standard deviation of D* as a square root of V. (c) Another new dice has values of D** = kD*. (i) Find the value of k so that D** has a standard deviation of 1. (ii) Find the values of D** for each outcome of D = 1, 2, 3, 4, 5 and 6, when the standard deviation is 1. (iii) Given that the average score of a dice is 3.5, find the equivalent, new and improved model of a dice, Sn in term of n and D**. (iv) Find the expected value of D** as the average of D**.

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.11 : Let an Accounting Equation to be : Assets = Liabilities + Equity of Owner. In a biochemical engineering organization, its account balance sheet contains the following information : Accounts payable $2200; accounts receivable $1500; line of credit $500; cash $100; long term debt $3800; inventory $1300; investments $800; plant equipment $6800. Find the equity of owner by applying Accounting Equation.

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.12 : You, as an engineer, buy a piece of biochemical instrument to start a servicing business. The instrument has a useful life of 3 years, that costs $60k. The instrumental business generates $100k per year. The labor costs $50k per year. The $60k new instrument depreciates in its value evenly up to 3 years, thereafter the old instrument needs to be replaced by another piece of new instrument. (i) In the first year of this engineering business : (a) what is its starting cash? (b) calculate the depreciation value of the instrument. (c) find the operating profit generated. (d) what is the capital expense of the business? (e) calculate the cash from operation. (f) calculate the ending cash. (ii) Based on the income statement of the business in the second year : (a) find the capital expense of the business. (b) what is its starting cash? (c) calculate the depreciation value of the instrument. (d) find the operating profit generated. (e) calculate the cash from operation. (f) calculate the ending cash.

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.13 : (i) In the Present Value Multiplication Rule, let PV = present value, Ra = interest rate for first discount, A = duration for first discount; Rc = interest rate for second discount, C = duration for second discount. Let PV = [ 1 / (1 + Ra) ^ A ] [ 1 / (1 + Rc) ^ C ] where ^ is the symbol of power : 3 ^ 2 = 3 x 3, 2 ^ 3 = 2 x 2 x 2. (a) For discounts involving 8 % / year for 3 years and 10 % / year for 9 years, find the value of PV. (b) If Re = interest rate for third discount, E = duration of third discount, form a mathematical equation of PV as a function of A, C, E, Ra, Rc, Re. Note : Discounts are available in the purchase of certain biochemical engineering instruments. (ii) Let R = nominal interest rate related to growth rate of money, r = real interest rate related to growth rate of purchase power. If I = inflation, where the unit of R, r and I is %, find the mathematical relatonship of r as a function of R and I.

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.13 (CORRECTION) : (i) In the Present Value Multiplication Rule, let PV = present value, Ra = interest rate for first discount, A = duration for first discount; Rc = interest rate for second discount, C = duration for second discount. Let PV = [ 1 / (1 + Ra) ^ A ] [ 1 / (1 + Rc) ^ C ] where ^ is the symbol of power : 3 ^ 2 = 3 x 3, 2 ^ 3 = 2 x 2 x 2. (a) For discounts involving 8 % / year for 3 years and 10 % / year for 9 years, find the value of PV. (b) If Re = interest rate for third discount, E = duration of third discount, form a mathematical equation of PV as a function of A, C, E, Ra, Rc, Re. Note : Discounts are available in the purchase of certain biochemical engineering instruments. (ii) Let R = nominal interest rate related to growth rate of money, r = real interest rate related to growth rate of purchase power. If I = inflation, where the unit of R, r and I is %, find the mathematical relationship of r as a function of R and I.

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EXAMPLE 34.14 : For a formula of y = [ 1 - 1 / (1 + r) ^ n ] / r, let y = present value, r = interest rate / year, n = number of years to future value of 1 : (a) Find a simple mathematical relationship of y as a function of r when n = 1 million years. (b) What is the present value of $10000, if the annual discount rate is 10 %, forever?

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ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.14 : For a formula of y = [ 1 - 1 / (1 + r) ^ n ] / r, let y = present value, r = interest rate / year, n = number of years to future value of 1 : (a) Find a simple mathematical relationship of y as a function of r when n = 1 million years. (b) What is the present value of $10000, if the annual discount rate is 10 %, forever?

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Does home used kerosene which is available in blue color can change its color after keeping number of years (say 8-10 years)? If yes, then in which color will it turned to? Will it change to yellow color or transparent color? Please reply with suitable technical suggestion/approach. Its an important question which was asked. I need a very strong technical reply. Please help me.

BP,

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Un-Answered Questions { Chemical Engineering }

We are having proplem with the persperation smell in ETT/ECHO room in our cardiac hospital.The 2 Ton of AC is not conditioning the environment. We have to use exhaust fan to through out of the room bad air. Could anyone suggest how to coup with this effectively using chemical engineering. Any permanent solution to neutralise the bad smell.The Air freshners are not doing enough instead making a bad odour.

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How can one determine if a particular solid can be fluidized as in a fluidized bed?

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What are the customization steps in sap?

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how can I find out a sulfuric acid recovery plant disigner?

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What is difference between Piping Standard & Piping Specification ?

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What are the specialized crushing methods?

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Why is post-weld heat treatment sometimes necessary for welded vessels?

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How can we derive power factor equation p=vi cos phi?

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What is the ignititon temprecher of Diesel,Petrol&Carosion oil.

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Dielectric materials in static fields

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what is the purpose of capacitor? and capacitor load means what? how does it connect?

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What is the difference between horizontal and vertical heat exchanger?

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DEAR SIR, IS IT ANY BARC TECHNICAL OR INTERVIEW QUESTION BOOK IN CHEMICAL ENGG LAST YEARS IN MARKET? ALSO GIVE THE PATTERN HOW TO PREPARE AND WHAT TYPE OF QUESTION THEY ASKED?

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What is the import procurement cycle? What are the customization steps in sap?

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what is AZ431 & how to check it by using multimeter?

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