Industrial Engineering and Production Management Actual performance of a task is called An event A duration None of these An activity An event A duration None of these An activity ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The break-even point represents Time when industry will undergo loss The most economical level of operation of any industry The time when unit can run without any loss and profit The time when company can make maximum profits Time when industry will undergo loss The most economical level of operation of any industry The time when unit can run without any loss and profit The time when company can make maximum profits ANSWER DOWNLOAD EXAMIANS APP
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 Inventory control in production, planning and control aims at Achieving optimization Ensuring against market fluctuations Discounts allowed in bulk purchase Acceptable customer service at low capital investment in inventory Achieving optimization Ensuring against market fluctuations Discounts allowed in bulk purchase Acceptable customer service at low capital investment in inventory ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management According to Rowan plan of wage incentive system, bonus is paid to a worker On the percentage of standard time Whose output exceeds 67% efficiency On the percentage of time saved On the percentage of time worked On the percentage of standard time Whose output exceeds 67% efficiency On the percentage of time saved On the percentage of time worked ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as Taylor Differential Piece rate system Rowan Plan Day work plan Halsey Premium plan Taylor Differential Piece rate system Rowan Plan Day work plan Halsey Premium plan ANSWER DOWNLOAD EXAMIANS APP
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