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) There is no such criterion CAM > DAM CAM < DAM CAM = DAM There is no such criterion CAM > DAM CAM < DAM CAM = DAM ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The production cost per unit can be reduced by Producing more with the same inputs Producing more with increased inputs Minimizing resource waste Eliminating idle time Producing more with the same inputs Producing more with increased inputs Minimizing resource waste Eliminating idle time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Value engineering aims at finding out the Break-even point when machine requires change Resale value of a product Major function of the item and accomplishing the same at least cost without change in quality Depreciation value of a product Break-even point when machine requires change Resale value of a product Major function of the item and accomplishing the same at least cost without change in quality Depreciation value of a product ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by AP/C (AP/C)² √(2AP/C) 2AP/C AP/C (AP/C)² √(2AP/C) 2AP/C ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Gantt charts are used for Production schedule Linear programming Forecasting sales Scheduling and routing Production schedule Linear programming Forecasting sales Scheduling and routing ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which one of the following chart gives simultaneously information about the progress of work and machine loading? Process chart Man-machine chart Gantt chart Machine load chart Process chart Man-machine chart Gantt chart Machine load chart ANSWER DOWNLOAD EXAMIANS APP
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