ACCOUNTING AND FINANCIAL ENGINEERING - EXAMPLE 34.3 : (a) In the M / M / 1 queue that happens with randomness, let State 0 = the queue and server are empty, State 1 = the server is in use and the queue is empty, State 2 = the server is in use and 1 is in the queue, State 3 = the server is in use and 2 in the queue. Let P (0) = probability of State 0, P (1) = probability of State 1, P (2) = probability of State 2, P (3) = probability of State 3 and so on. If c = constant, P (1) = c P (0), P (2) = c [ c P (0) ], P (3) = c { c [ c P (0) ] }, write an equation that involves P (N), P (N + 1) and c. (b) Let L = market price of risk, r = riskless rate, m = expected return, s = volatility. Given that L = (m - r) / s related to oil prices, expected return = 12 %, s = 20 %, riskless rate = 8 %, calculate the market price of risk.

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THERMODYNAMIC - EXAMPLE 10.3 : According to Raoult's law, the pressure when vapor is completely condensed, P = x(1) P(1) + x(2) P(2) ... + x(n) P(n) when x(1), x(2) ... x(n) are the mole fractions of component 1, 2 ... n and P(1), P(2) ... P(n) are the vapor pressures of component 1, 2 ... n. A vapor at 74 degree Celsius containing 70 mole % water and 30 mole % ethanol is to be completely condensed. At the temperature of 74 degree Celsius vapor pressure is 0.38 atm for water and 0.97 atm for ethanol. What is the minimum pressure the compressor must be operated?

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How to determine the particle size distribution for a given bulk solid?

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Explain how does a tank-blanketing valve operate?

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What is the import procurement cycle?

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What is are the main terms in Unit Operations? and what is its charecteristics?

8 Answers   HPCL,

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what is fund flow definition

1 Answers   Amara Raja,

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I have Completed my B.Tech in Chemical Engineering from NIT Raipur, I want to prepare for HPCL Please Suggest me some books for Aptitude, Technical Questions & Please send me Previous Year Question Papers.

3 Answers   HPCL,

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Hi, This is Naveen, plz if anybody have experience of IOCL interview, send me question.

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Tell us about a time when you failed to meet a deadline. What were the repercussions?

4 Answers   Bhavani Engineering Works, Caltex, Emirates, Holiday Inn, Regent, United States Seafoods,

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How does a cyclone separator work?

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