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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
CAM < DAM
There is no such criterion

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Industrial Engineering and Production Management
At the break-even point,

Total cost is equal to sales revenue
Total cost is more than the sales revenue
Fixed cost is equal to variable cost
Total cost is less than the sales revenue

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Industrial Engineering and Production Management
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker

On the percentage of time worked
Whose output exceeds 67% efficiency
On the percentage of standard time
On the percentage of time saved

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Industrial Engineering and Production Management
A company spends considerable amount on publicity to promote sales. This expenditure in break even chart is shown below the

Sales revenue line
Fixed cost line
Variable cost line
Total cost line

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Industrial Engineering and Production Management
The allowed time for a job equals standard time plus

Process allowance
Learning allowance
Interference allowance
Policy allowance

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Industrial Engineering and Production Management
Templates are used for

A planning layout
Advancing a programme in automatic machines
Flow of material
Copying complicated profiles

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