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 CAM = DAM CAM < DAM CAM > DAM There is no such criterion ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Routing prescribes the Proper utilization of machines Proper utilization of man power Flow of material in the plant Inspection of final product Proper utilization of machines Proper utilization of man power Flow of material in the plant Inspection of final product ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis shows profit when Sales revenue > total cost Sales revenue = total cost Variable cost < fixed cost Sales revenue < total cost Sales revenue > total cost Sales revenue = total cost Variable cost < fixed cost Sales revenue < total cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT Permits management to foresee quickly the impact of variations from the plan Provides an approach for keeping planning up-to-date Provides a way for management to require that planning be done on a uniform and logical basis All of the listed here Permits management to foresee quickly the impact of variations from the plan Provides an approach for keeping planning up-to-date Provides a way for management to require that planning be done on a uniform and logical basis All of the listed here ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The basic difference between PERT and CPM is that Critical path is determined in PERT only Guessed times are used in PERT and evaluated times in CPM PERT deals with events and CPM with activities Costs are considered on CPM only and not in PERT Critical path is determined in PERT only Guessed times are used in PERT and evaluated times in CPM PERT deals with events and CPM with activities Costs are considered on CPM only and not in PERT ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The production cost per unit can be reduced by Producing more with the same inputs Minimizing resource waste Eliminating idle time Producing more with increased inputs Producing more with the same inputs Minimizing resource waste Eliminating idle time Producing more with increased inputs ANSWER DOWNLOAD EXAMIANS APP