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Industrial Engineering and Production Management

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

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Industrial Engineering and Production Management
Monte Carlo solutions in queuing theory are extremely useful in queuing problems

All of the these
Involving multistage queuing
To verify mathematical results
That can't be analysed mathematically

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Industrial Engineering and Production Management
The bonus increases in proportion to the increase in efficiency. This statement applies to

Rowan plan
Gantt plan
Halsey plan
Emerson's efficiency plan

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Industrial Engineering and Production Management
Queuing theory is associated with

Waiting time
Inspection time
Sales
Production time

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Industrial Engineering and Production Management
Statistical quality control techniques are based on the theory of

All of the these
Statistics
Quality
Probability

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Industrial Engineering and Production Management
The unit cost in case of batch production is __________as compared to jobbing production.

Same
High
Low
None of these

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