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Industrial Engineering and Production Management

Industrial Engineering and Production Management
According to MAPI formula, the old machine should be replaced by new one when
(Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum)

CAM > DAM
CAM < DAM
There is no such criterion
CAM = DAM

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Industrial Engineering and Production Management
Standard time as compared to normal time is

Greater
There is no such correlation
Equal
Smaller

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Industrial Engineering and Production Management
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

Flow chart
Break-even chart
Gantt chart
PERT chart

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Industrial Engineering and Production Management
PERT stands for

Program Evaluation and Review Technique
Process Estimation and Review Technique
Program Estimation and Reporting Technique
Planning Estimation and Resulting Technique

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Industrial Engineering and Production Management
In a functional organisation

Quality of work is better
All of these
Wastage of material is minimum
Specialized knowledge and guidance to individual worker is provided

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Industrial Engineering and Production Management
The employees provident fund act is applicable to

All industries
The industries notified by Government
All industries other than small and medium industries
Volunteers

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