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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Breakeven analysis is a

Short term analysis
Long term analysis
Average of short and long term analysis
Any one of these

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Industrial Engineering and Production Management
Current assets include

Common stock held by the firm
Manufacturing plant
Manufacturing plant and equipment
Inventories

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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 Rowan plan, wages for the job will be

TR + (S - T) × R
TR
TR + [(S - T)/2] × R
TR + [(S - T)/S] × R

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Industrial Engineering and Production Management
The aim of value engineering is to

Minimize the cost without change in quality of the product
Determine the selling price of a product
Find the depreciation value of a machine
All of these

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Industrial Engineering and Production Management
In perpetual inventory control, the material is checked as it reaches its

Average value
Maximum value
Minimum value
Middle value

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Industrial Engineering and Production Management
The standard time for a job is

Total work content + delay contingency allowance
Total work content + basic time
Base time + relaxation time
Total work content

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