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Industrial Engineering and Production Management

Industrial Engineering and Production Management
An event is indicated on the network by

A straight line
A straight line with circles at the ends
A number enclosed in a circle or a square
A dotted line

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Industrial Engineering and Production Management
The probability distribution of project completion in PERT follows following distribution

Normal
Binomial
Exponential
Gaussian

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Industrial Engineering and Production Management
Break-even analysis consists of

Fixed cost
Variable cost
Operation costs
Fixed and variable costs

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

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

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Industrial Engineering and Production Management
Break-even point is the point where

Sales revenue and total expensive lines intersect
Fixed and total cost lines intersect
Variable and total cost lines intersect
Fixed and variable cost lines intersect

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Industrial Engineering and Production Management
In process layout

All of these
Production control is more difficult and costly
Routing and scheduling is more difficult
Handling and backtracking of materials is too much

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