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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
There is no such criterion
CAM = DAM
CAM < DAM

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Industrial Engineering and Production Management
Frederick W. Taylor introduced a system of working known as

Effective organisation
Functional organisation
Line and staff organisation
Line organisation

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Industrial Engineering and Production Management
Direct expenses include

Factory expenses
Administrative expenses
None of these
Selling expenses

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Industrial Engineering and Production Management
ABC analysis deals with

Flow of material
Ordering schedule of job
Analysis of process chart
Controlling inventory costs money

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Industrial Engineering and Production Management
Product layout is best suited where

Product is standardized
One type of product is produced
Product is manufactured in large quantities
All of these

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Industrial Engineering and Production Management
Works cost implies

Primary cost
Factory expenses
Factory cost
Primary cost + factory expenses

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