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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
The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of

Product layout
A combination of line and process layout
Fixed position layout
Process layout

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Industrial Engineering and Production Management
In the Halsey system of wage incentive plan, a worker is

Not paid any bonus till his efficiency
Ensured of minimum wages
Never a loser
Paid as per efficiency

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Industrial Engineering and Production Management
For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be

460
500
300
1000

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Industrial Engineering and Production Management
Linear programming can be applied successfully to

Oil industry
Chemical industry
Banks
All of these

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Industrial Engineering and Production Management
A feasible solution to the linear programming problem should

Satisfy the problem constraints
Satisfy the problem constraints and non-negativity restrictions
Satisfy the non-negativity restrictions
Optimise the objective function

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