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 There is no such criterion CAM < DAM CAM = DAM CAM > DAM There is no such criterion CAM < DAM CAM = DAM ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Time study is used to Provide a basis for setting piece price or incentive wages Determine standard costs Determine the number of machines a person may run All of the these Provide a basis for setting piece price or incentive wages Determine standard costs Determine the number of machines a person may run All of the these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In time study, the rating factor is applied to determine Fixation of incentive rate Standard time of a job Normal time of a worker Merit rating of the worker Fixation of incentive rate Standard time of a job Normal time of a worker Merit rating of the worker ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The critical path of a network represents The maximum time required for completion of project The minimum time required for completion of project Maximum cost required for completion of project Minimum cost required for completion of project The maximum time required for completion of project The minimum time required for completion of project Maximum cost required for completion of project Minimum cost required for completion of project ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Time study is carried out By observing and recording the time taken by the operator for an operation All of these By breaking up each operation into small elements which are measurable with the help of the measuring device accurately By finding all the significant informations regarding the job, work place and machine tool etc By observing and recording the time taken by the operator for an operation All of these By breaking up each operation into small elements which are measurable with the help of the measuring device accurately By finding all the significant informations regarding the job, work place and machine tool etc ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to (F × V)/P F/[1 - (V/P)] (F × P)/V F/[1 + (V/P)] (F × V)/P F/[1 - (V/P)] (F × P)/V F/[1 + (V/P)] ANSWER DOWNLOAD EXAMIANS APP
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