GEAS TERMS FOR BOARDS

An engineer working for a consulting firm has decided to go into private practice. One of her first steps should be to:

Discuss her plans with her supervisor

What refers to the unit stress at which the material continues to deform without an increase in load?

Yield point

What refers to the collection of tools and techniques that are used on a predefined set of inputs to produce a predefined set of outputs?

Project management

What management function involves selecting candidates and training personnel?

Staffing

What refers to number of atoms or molecules per cubic meter in a system?

Number density

The most essential role of the executive summary in the business plan is to _______.

attract investors

The node signifying the start of the activity (the tail of the arrow) is called:

I-Node

A simulation technique by which approximate evaluations are obtained in the solution of mathematical expressions so as to determine the range or optimum value is known as:

Monte Carlo method

What is an act creating a patent office, prescribing its power and duties, regulating the issuance of patents, and appropriating funds thereof?

R. A. No. 165

Why is it important for entrepreneurs to talk with industry experts when developing new business concepts?

The industry experts typically provide useful information.

What do business employees often need to do before they are able to write proposals?

Research the problem

The scheduling of activities in a network with the knowledge of certain resource constraints and requirements. This process adjusts activity level start and finish dates to conform to resource availability and use.

Resource allocation process

What refers to the industry-determined specification of proficiency required for effective work performance?

Competency standards

How many MeV is 1 amu?

931

Simple decisions that assume complete information and no uncertainty connected with the analysis of decisions. This is known as:

Decisions under certainty

The stiffness of a rectangular beam is proportional to:

The cube of the depth and inversely as the length.

Electrical and thermal conductivities for various materials differ relative magnitude and order. This phenomenon is due to:

Electrons and heat are conducted through metals by valence or free electrons and are influenced differently by lattice structure.

The ratio of normal stress of each face of a solid cube to volumetric strain is called ______.

bulk modulus

A ferromagnetic material must:

Have a large saturation magnetization

The major pathways of exposure to toxic agents are:

I. Inhalation

II. Ingestion

III. Whole body

IV. Skin absorption

V. eyes and hands

I, II, IV

What is the de Broglie wavelength of a photon whose linear momentum has a magnitude of 3.3 x 10¯²³ kg·m/s?

0.02 m

Which of the following processes involve heat?

A steel block is placed under a candle.

Which section of the business plan focuses on the specific segment or target market of an industry to which the firm will try to appeal?

Market analysis

What refers to the establishing interrelationships between people and things in such a way that human and material resources are effectively focused toward achieving the goal of the company?

Organizing

What is otherwise known as the Department of Information and Communication Technology Act of 2015?

R. A. No. 10844

Engineering thermodynamics does not include ______.

utilization of energy

Which of the following is the most critical component of a business plan?

Executive summary

How many types of CAD are there?

5

The sum of those costs, including consequential costs such as schedule impact, associated with the rejection or rework of a product, process, or service due to a departure from established requirements.

Deviation costs

For a fluid the number that relates inertial force to compressibility force is:

Mach Number

The following section of pseudocode approximates the integral of some functions, F(x), over the interval from a to b. Assuming that a separate subroutine has already been written to calculate the value for F(x).

1. INPUT a, b, n

2. d = (b - a)/n

3. S = F(a)/2 + F(b)/2

4. FOR k FROM 1 TO (a - 1)

5. S = S + F(z + k*d)

6. NEXT k

7. S = S*d

What numerical method does this code represent?

Trapezoidal rule

Which of the following activities is an example of preparing before attempting to sell an idea?

Determining the details of your idea

If a certain car, going with speed v1, rounds a level curve with a radius R₁, it is just on the verge of skidding. If its speed is now doubled, the radius of the tightest curve on the same road, with the same force on the car, that it can round is:

4R₁

What is an act to provide for the registration and protection of trademarks, trade-names and service marks, defining unfair competition and false marking and providing remedies against the same, and for other purposes?

R. A. No. 166

Modem CAD systems are based on:

ICG

A measurement and analysis process that compares practices, process and relevant measures to those of a selected basis of comparison with the goal of improving performance is known as _______.

benchmarking

What refers to the maximum unit stress that can be developed in a material without causing more than a specified permanent set?

Yield strength

Which of the following is a characteristic of a business-format franchise?

Continuous assistance is provided by the franchisor.

The chief criterion for the toxicity of a chemical is:

Dose

Decisions for which the analyst elects to consider several possible futures, the probabilities of which cannot be estimated.

Decisions under uncertainty and risk

A cost or expense inherent in the performing of an operation, i.e., engineering, construction, operating or manufacturing, which cannot be charged to or identified with a part of the work, product or asset and, therefore, must be allocated on some arbitrary base believed to be equitable, or handled as a business expense independent of the volume of production.

Overhead

A type of functional worth where the monetary measure of the properties of a product or service, that contribute to desirability or salability but not to required functional performance.

Esteem value

A type of functional worth where the monetary sum of labor, material, burden, and all other elements of cost required to produce an item or provide a service.

Cost value

A diagram made up of vertically placed rectangles situated adjacent to each other on a common base line. Where the characteristic to be depicted is quantitative, the height of the rectangles is usually taken to be proportional to this quantitative variable.

Block diagram

As applied to a capitalized asset, the distribution of the initial cost by periodic charges to operations as in depreciation.

Amortization

An estimate prepared from very defined engineering data.

Definitive estimate

The study and evaluation of the relative profitability or costs of different marketing operations in terms of customer, marketing units, commodities, territories or marketing activities.

Marketing cost analysis

Earnings or income after all expenses (selling, administrative, depreciation) have been deducted from gross profit.

Operating profit

Earnings from an ongoing business after direct costs of goods sold have been deducted from sales revenue for a given period.

Gross profit

A set of economic analysis techniques that considers all relevant costs associated with a project investment during its study period, comprising such techniques as life-cycle cost, benefit-to-cost ratio, savings-to-investment ratio, internal rate of return and net savings.

Economic evaluation method

The ratio of annual sales to investment.

Turnover ratio

In construction, all costs that do not become a final part of the installation, but are required for the orderly completion of the installation and may include, but are not limited to, field administration, direct supervision, capital tools, startup costs, contractor's fees, insurance, taxes, etc.

Indirect cost

A method of depreciation whereby the amount to be recovered (written off) is spread uniformly over the estimated life of the asset in terms of time periods or units of output.

Straight line method

The profit derived from a project or business enterprise without consideration of obligations to financial contributors and claims of others based on profit.

Economic return

It is form of capital recovery applicable to extractive property such as mine. It also refers to the lessening of the value of an asset due to a decrease in the quantity available.

Depletion

The planning of project expenditures relative to income or authorized funding in such a way as to minimize the carrying cost of the financing for the project or keep within the constraints of a time-phased budget.

Cash flow management

The ratio of annual profits to the average book value of fixed capital, with or without working capital.

Return on average investment

The cost of local labor, equipment taxes, insurance, equipment and construction materials incorporated in a construction project, with local currencies.

Local cost

The time-dependent value of money stemming both from changes in the purchasing power of money (that is, inflation or deflation) and from the real earning potential of alternative investments over time.

Time value of money

The rate of interest reflecting the time value of money stemming both from inflation and the real earning power of money over time.

Nominal discount rate

A node where at least one activity begins and one activity ends.

Intermediate node

The difference between the level finish and the imposed finish date.

Level float

The following technique can be used to prepare an Oder of Magnitude estimate:

Parametric estimate

An activity entered into the network for the sole purpose of creating a single start for the network.

Dummy start activity

The node signifying the finish of the activity (the head of the arrow).

J-node

Type of estimate that are based on flowsheets, layouts, and preliminary equipment descriptions and specifications and have an accuracy range of +30% to -15%

Budget estimates

Technique used in planning a project consisting of a sequence of activities and their interrelationship within a network of activities and their interrelationship within a network of activities making up a project.

Network analysis

An example of a fixed cost is:

Depreciation

Type of estimate that require defined engineering data, such as site data, specifications, basic drawings, detailed sketches, and equipment quotations. Design is generally 20 to 100%

Definitive estimates

An analysis of operation and maintenance costs at partial capacity enables the determination of:

Breakeven point

An activity, always of zero duration, used to show logical dependency when an activity cannot start before another is complete, but which does not lie on the same path through the network.

Dummy activity

The amount of time (in work units) that an activity may be delayed from its early start without delaying the project finish date.

Total float

Another name for semivariable costs is:

Proportional costs

Type of estimate that are have an expected accuracy between +50% and -30%.

Order-of-magnitude estimates

The same as the Total Float, except that it is calculated from a schedule date set upon an intermediate event.

Secondary float

The degree of dispersion or variability around the expected or "best" value which is estimated to exist for the economic variable in question, e.g., a quantitative measure of the upper and lower limits considered reasonable for the factor being estimated.

Risk

A common node for two or more subnets representing logical interdependence.

Interface nodes

The amount of time that the completion of an activity may exceed its scheduled finish time without increasing the start time of any succeeding activity.

Free float

A steel rod is stressed in tension slightly beyond its yield point so that it suffers permanent deformation without rupture. The rod is then unloaded so that there is no residual stress. If the rod is again stressed in tension, which of the following statements is true?

A new yield point is established, which is higher than the original one.

How does the Reynolds umber of a 1/15 scale model relate to the Reynolds number of a dimensionally similar prototype?

They are both equal.

Zinc galvanizing is used to protect a steel (iron) fence. Which of the following statements is true?

The zinc atom has a greater tendency to lose electrons and form positive ions than the iron atom.

Carbon monoxide and oxygen gas react at 4000K and 1 atm pressure in a closed, flexible container to produce carbon dioxide. The standard enthalpy of formation for this reaction is - 283 kJ/mol CO₂. At equilibrium, the mole fractions of the reactants and products are 0.08 carbon monoxide, 0.03 oxygen and 0.89 carbon dioxide, respectively. After equilibrium has been attained, the temperature of the system is suddenly decreased from 4000K to 1000K. Which of the following statements is correct?

The equilibrium constant will increase.

A reduction in the relative humidity in a test chamber will result from which of the following?

A decrease in the partial pressure of water vapor

Which of the following is the best definition of enthalpy?

The total among of useful energy in a system

Which property of state is not an extensive state?

Temperature

The thermal resistance for one-dimensional steady conduction heat transfer through a cylindrical wall in the radial direction is which of the following?

Logarithmic

What is the difference between annealing and recrystallization?

Recrystallization is the same as annealing except at lower temperature.

What is the valence (oxidation state) of carbon in sodium carbonate (Na₂CO₃)?

+4

Which of the following properties cannot be derived from a tensile test?

Endurance limit

A valuation measure used in decision making that combines accounting costs and opportunity costs.

Economic costs

The conversion, by an interest rate and present worth technique, of all capital and operating costs to a series of equivalent equal annual costs.

Average annual cost

A cost which has not yet been paid, but an agreement, such as a purchase order or contract, has been made that the cost will be incurred.

Committed cost

The rate of compound interest at which the company's outstanding investment is repaid by proceeds for the project.

Either profitability index or internal rate of return

A fund accumulated by periodic deposits and reserved exclusively for a specific purpose, such as retirement of a debt or replacement of a property.

Sinking fund

Decisions for which the analyst elects to consider several possible futures, the probabilities of which cannot be estimated.

Decisions under uncertainty and risk

The compound rate of interest that, when used to discount the terminal values of costs and benefits of a project over a given study period, will make the costs equal the benefits when cash flows are reinvested at a specified rate.

Adjusted internal rate of return

The ratio of uniform annual revenue requirements to the initial investment expressed as a percent.

Levelized fixed-charge rate

A matrix which provides a quantitative framework for the description of an economic unit.

Input-output analysis

The ratio of expected average annual after tax profit (during the earning life) to total investment (working capital included).

Return on original investment

Decision problems in which the analyst elects to consider several possible futures, the probabilities of which can be estimated.

Decisions under risk