Industrial Engineering and Production Management Basic tool in work study is Stop watch Process chart Planning chart Stop watch Process chart Planning chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Acceptance sampling is used in Batch production All of these Job production Mass production Batch production All of these Job production Mass production ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Activity slack or float of any event on a PERT/CPM chart is represented by Latest start time of succeeding event earliest finish time of preceding event activity time Latest finish time of event earliest finish time of the event Latest start time of the event earliest start time of the event Anyone of the above Latest start time of succeeding event earliest finish time of preceding event activity time Latest finish time of event earliest finish time of the event Latest start time of the event earliest start time of the event Anyone of the above ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to F/[1 - (V/P)] (F × V)/P F/[1 + (V/P)] (F × P)/V F/[1 - (V/P)] (F × V)/P F/[1 + (V/P)] (F × P)/V ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Inventory control in production, planning and control aims at Discounts allowed in bulk purchase Achieving optimization Acceptable customer service at low capital investment in inventory Ensuring against market fluctuations Discounts allowed in bulk purchase Achieving optimization Acceptable customer service at low capital investment in inventory Ensuring against market fluctuations ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis can be used for Long run analysis Short run analysis Average of above two run analysis There is no such criterion Long run analysis Short run analysis Average of above two run analysis There is no such criterion ANSWER DOWNLOAD EXAMIANS APP