Day 3 Flashcards

(89 cards)

1
Q

It is the analysis and evaluation of the factors that will affect the success of engineering projects to the end that a recommendation be made which will ensure the best use of capital.

A

Engineering Economy

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2
Q

It is a market condition in which a product is traded freely by buyers and sellers in large numbers without any individual transaction affecting the price

A

Perfect Competition

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3
Q

It is an economic system based on the private ownership of the means of production and distribution of goods, characterized by a free competitive market and motivation by profit.

A

Capitalism

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4
Q

These are tangible things – things that you can touch – that satisfy human wants

A

Goods

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5
Q

these are activities that people do for themselves or for other people to satisfy their wants

A

Service

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6
Q

Products or services that are required to support human life and activities, which will be purchased in somewhat the same quantity even though the price varies considerably

A

Necessities

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7
Q

Products or services that are desired by humans and will be purchased if money is available after the required necessities have been obtained.

A

Luxuries

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8
Q

The quantity of a certain commodity that is bought at a certain price at a given place and time.

A

Quantity demanded (Demand)

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9
Q

The quantity of a certain commodity that is offered for sale at a certain price at a given place and time.

A

Quantity supplied (Supply)

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10
Q

Under conditions of perfect competition, the price at which a given product will be supplied and
purchased is the price that will result in the supply and the demand being equal.

A

Law of Supply and Demand

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11
Q

A theory in economics that predicts that after some optimal level of capacity is reached, adding an additional factor of production will actually result in smaller increases in output

A

“law of diminishing marginal returns” “law of diminishing returns”
“principle of diminishing marginal productivity”
“law of variable proportions”

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12
Q

Interest on an investment that is calculated once per period, usually annually, on the amount of the capital alone and not on any interest already earned.

A

Simple interest

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13
Q

Is the discount of one unit of principal per unit time

A

Rate of Discount, d

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14
Q

Basic annual rate of interest

A

Nominal Rate of Interest, r

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15
Q

Actual or exact rate of interest
earned on the principal during one-year period

A

EFFECTIVE RATE OF INTEREST (ERI)

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16
Q

A series of equal payments occurring
at equal interval of time

A

Annuity

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17
Q

a type of annuity where the payments are made at the end of each period beginning from the 1st period

A

Ordinary Annuity

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18
Q

a type of annuity where the payments are made at the beginning of each period starting from the 1st period.

A

Annuity Due

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19
Q

type of annuity where the first payment is made later than the first or is made several periods after the beginning of the annuity

A

Deferred Annuity

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20
Q

refers to the present worth of a property that is assumed to last forever; “sum of the first cost and the present costs of perpetual replacement, operation and maintenance”.

A

Capitalized Cost

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21
Q

decrease in the value of physical property due to passage of time

A

Depreciation

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22
Q

Due to the reduction of the physical ability of an equipment or asset to produce results

A

Physical Depreciation

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23
Q

a certificate of indebtedness of a corporation usually for a period not less than ten years and guaranteed by a mortgage on certain assets of the
corporation or its subsidiaries

A

Bond

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24
Q

Due to the reduction in the demand for the function that the equipment or asset was designed to render

A

Functional Depreciation or obsolescence

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25
Method of computing depreciation where it is assumed that the loss in value is directly proportional to the age of the equipment or asset
Straight line method
26
Method of computing depreciation where it is assumed that a sinking fund is established in which funds will accumulate for replacement purposes
Sinking Fund Method
27
Method of computing depreciation where it is assumed that the annual cost of depreciation is a fixed percentage of the book value at the beginning of the year.
Declining Balance Method Matheson Formula Constant Percentage Method
28
Mirage is due to a. unequal heating of different parts of atmosphere b. magnetic disturbances in the atmosphere c. depletion of ozone layer in the atmosphere d. equal heating of different parts of the atmosphere
a. unequal heating of different parts of atmosphere
29
Nuclear sizes are expressed in a unit named
Fermi
30
Lightyear is a unit of
Distance
31
Stars appears to move from east to west because a. all stars move from east to west b. the earth rotates from west to east c. the earth rotates from east to west d. the background of the stars moves from west to east
b. the earth rotates from west to east
32
If two bodies of different masses, initially at rest, are acted upon by the same force for the same time, then both bodies acquire the same
Momentum
33
Out of the following, which is not emitted by radioactive substances? a. electrons b. electromagnetic radiations c. alpha particles d. neutrons
d. neutrons
34
Sound waves in air are a. transverse b. longitudinal c. electromagnetic d. polarized
Longitudinal 2 types of mechanical waves: Transverse - perpendicular to medium (light) Longitudinal - parallel to medium (sound, pressure waves)
35
Materials for a rain-proof coats and tents owe their water-proof properties to a. surface tension b. viscosity c. specific gravity d. elasticity
a. surface tension
36
It takes much longer to cook food in the hills than in the plains, because a. in the hills the atmospheric pressure is lower than that in the plains and therefore water boils at a temperature lower than 100 deg C causing an increase in cooking time b. due to a lower pressure on the hills, the water boils at a temperature higher than 100 deg C and therefore water takes longer to boil c. in the hills the atmospheric density is low and therefore a lot of heat is lost to the atmosphere d. in the hills the humidity is high and therefore a lot of heat is absorbed by the atmosphere leaving very little heat for cooking
a. in the hills the atmospheric pressure is lower than that in the plains and therefore water boils at a temperature lower than 100 deg C causing an increase in cooking time
37
Intensity of sound at a point is _____________ its distance from the source a. directly proportional to b. inversely proportional to c. directly proportional to square of d. inversely proportional to square of
d. inversely proportional to square of
38
Of the four locations mentioned below the highest inside temperature will be attained in the pressure cooker operated with the pressure valve open. a. at sea level b. at the top of Mt. Everest c. at a place below sea level d. in an aeroplane flying at a height of 10km with inside pressure maintained at the sea level
c. at a place below sea level
39
Mercury is commonly used as a thermodynamic fluid rather than water because a. specific heat of mercury is less than water b. specific heat of mercury is more than water c. mercury has greater visibility than water d. density of mercury is more than the water
c. mercury has greater visibility than water
40
Explains the behavior of objects that move very fast (a significant fraction of Co) where regular Newtonian physics does not apply. Consists of two basic postulates: - The laws of physics are the same for all observers in any inertial frame of reference relative to one another (principle of relativity). - The speed of light in a vacuum is the same for all observers, regardless of their relative motion or of the motion of the light source.
Special Relativity
41
Consequences of Special Relativity
Relativity of Simultaneity Time Dilation Length Contraction
42
Mass-Energy Equivalence
E = mc^2 Energy and mass are equivalent and transmutable.
43
Two events, simultaneous for one observer, may not be simultaneous for another observer if the observers are in relative motion.
Relativity of Simultaneity
44
Moving clocks are measured to tick more slowly than an observer's "stationary" clock.
Time Dilation (t > to) t = λto
45
Objects are measured to be shortened in the direction that they are moving with respect to the observer.
Length Contraction (Lo > L) L = Lo/λ
46
Consequences of General Relativity
Gravitational Time Dilation Precession Light Deflection Frame Dragging
47
Clocks run slower in deeper gravitational wells.
Gravitational Time Dilation
48
Orbits precess in a way unexpected in Newton's theory of gravity. (This has been observed in the orbit of Mercury and in binary pulsars).
Precession
49
Rays of light bend in the presence of a gravitational field
Light Deflection
50
Rotating masses "drag along" the spacetime around them.
Frame Dragging
51
A cylinder with platinum-iridium alloy is used to define the kilogram. What is the name of this cylinder?
Le Grand K
52
Cgs unit of force
Dyne g-cm/s2
53
is usually stated that every particle attracts every other particle in the universe with a force which is directly proportional to the product of their masses and inversely proportional to the square of the distance between their centers.
Universal Law of Gravitation
54
The “triple point” of a substance is that point for which the temperature and pressure are such that a. only solid and liquid are in equilibrium b. only solid and vapor are in equilibrium c. only liquid and vapor are in equilibrium d. solid, liquid, and vapor are all in equilibrium
d. solid, liquid, and vapor are all in equilibrium
55
the lowest velocity which a body must have in order to escape the gravitational attraction of a particular planet or other object.
Escape Velocity
56
thermal energy whose transfer to or from a substance results in a change of temperature
Sensible Heat
57
the heat required to convert a solid into a liquid or vapor, or a liquid into a vapor, without change of temperature.
Latent heat
58
The amount of heat required to change 1 g of a substance at the temperature of its melting point from the solid to the liquid state without changing temperature. for ice: 80cal/g; 144BTU/lb; 334J/g
Latent heat of fusion
59
is defined as the heat required to change one mole of liquid at its boiling point under standard atmospheric pressure. for water: 540cal/g; 970BTU/lb; 2260J/g
Latent heat of vaporization
60
statement that the total radiant heat power emitted from a surface is proportional to the fourth power of its absolute temperature.
Stefan-Boltzmann Law
61
a law stating that the ratio of the sines of the angles of incidence and refraction of a wave are constant when it passes between two given media.
Snell's Law
62
The light ray can actually bend so much that it never goes beyond the boundary between the two media.
total internal reflection
63
The image produced by a convex mirror of an erect object in front of the mirror is always: a. virtual, erect and larger than the object b. virtual, erect and smaller than the object c. real, erect and larger than the object d. real, erect and smaller than the object
b. virtual, erect and smaller than the object
64
The type of lens used to cure farsightedness is ________ lens. a. Concave b. Convex c. Biconcave d. Plano – convex
b. Convex
65
The lowest frequency produced by any particular instrument
Fundamental frequency or 1st harmonic
66
it deals with the study of light and particles at atomic and smaller level
Quantum Mechanics
67
states that the current through a conductor between two points is directly proportional to the voltage across the two points.
Ohm's law
68
it deals with analyzing stresses and deflections in materials under load
Strength of Materials
69
is defined as the internal force which is resisting the external force per unit area
Stress
70
is a stress that occurs when a member is loaded by an axial force.
Axial stress/Normal stress
71
a force that causes layers or parts to slide upon each other in opposite directions
Shearing force/stress
72
is load applied in one plane that would result in the fastener being cut into two pieces.
Single shear
73
load applied in one plane that would result in the fastener being cut into three pieces
Double Shear
74
a failure mechanism in structural members like slabs and foundation by shear under the action of concentrated loads
Punching shear
75
tank or pipe carrying a fluid or gas under a pressure is subjected to tensile forces, which resist bursting, developed across longitudinal and transverse sections
Thin-walled pressure vessels
76
the endpoint of the stress-strain curve that is a straight line
Proportional limit
77
the stress is directly proportional to strain
Hooke's law
78
is equal to the slope of the stress-strain diagram that is a straight line
Modulus of Elasticity E or Young's Modulus
79
is the limit beyond which the material will no longer go back to its original shape when the load is removed, or it is the maximum stress that may e developed such that there is no permanent or residual deformation when the load is entirely removed.
elastic limit
80
is the point at which the material will have an appreciable elongation or yielding without any increase in load
Yield point
81
maximum ordinate in the stress-strain diagram
ultimate strength or tensile strength
82
strength of the material at rupture, also known as the breaking strength.
Rupture Strength
83
is the work done on a unit volume of material as the force is gradually increased from the linear range, in N·m/m3. This may be calculated as the area under the stress-strain curve from the origin O to up to the elastic limit E (the shaded area in the figure). The resilience of the material is its ability to absorb energy without creating a permanent distortion.
Modulus Resilience
84
is the work done on a unit volume of material as the force is gradually increased from O to R, in N·m/m3. This may be calculated as the area under the entire stress-strain curve (from O to R). The toughness of a material is its ability to absorb energy without causing it to break.
Modulus of toughness
85
actual stress of a material under a given loading
Working stress
86
maximum safe stress that a material can carry
Allowable stress
87
ratio of ultimate or yield strength to allowable strength
factor of safety
88
ratio of the sidewise deformation (or strain) to the longitudinal deformation (or strain)
Poisson's ratio
89
In solid mechanics, it is the twisting of an object due to an applied torque -In circular sections, the resultant shearing stress is perpendicular to the radius.
Torsion