Industrial Engineering and Production Management Break-even analysis consists of Operation costs Fixed cost Variable cost Fixed and variable costs Operation costs Fixed cost Variable cost Fixed and variable costs 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? Gantt chart Process chart Man-machine chart Machine load chart Gantt chart Process chart Man-machine chart Machine load chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as Break-even chart Gantt chart Flow chart PERT chart Break-even chart Gantt chart Flow chart PERT chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The disadvantage of product layout is High initial investment for the specialized facilities Skilled labour to operate machines Production time is longer, requiring more goods in inventory High cost of inspection High initial investment for the specialized facilities Skilled labour to operate machines Production time is longer, requiring more goods in inventory High cost of inspection ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be TR + [(S - T)/S] × R TR TR + (S - T) × R TR + [(S - T)/2] × R TR + [(S - T)/S] × R TR TR + (S - T) × R TR + [(S - T)/2] × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that A differential piece rate system should exist Minimum wages should be guaranteed Provide incentive to group efficiency performance All standards should be based on time studies A differential piece rate system should exist Minimum wages should be guaranteed Provide incentive to group efficiency performance All standards should be based on time studies ANSWER DOWNLOAD EXAMIANS APP
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