Industrial Engineering and Production Management Choose the wrong statement Time study is used to Provide a basis for setting piece prices or incentive wages Determine standard costs Determine overhead expenses Determine the capability of an operator to handle the number of machines Provide a basis for setting piece prices or incentive wages Determine standard costs Determine overhead expenses Determine the capability of an operator to handle the number of machines ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The basic difference between PERT and CPM is that PERT deals with events and CPM with activities Guessed times are used in PERT and evaluated times in CPM Costs are considered on CPM only and not in PERT Critical path is determined in PERT only PERT deals with events and CPM with activities Guessed times are used in PERT and evaluated times in CPM Costs are considered on CPM only and not in PERT Critical path is determined in PERT only ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The reasons which are basically responsible for the formation of a queue should be that Output rate is constant and the input varies in a random manner All of these The average service rate Hess than the average arrival rate Output rate is linearly proportional to input Output rate is constant and the input varies in a random manner All of these The average service rate Hess than the average arrival rate Output rate is linearly proportional to input ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The unit cost in case of batch production is __________as compared to jobbing production. High Low None of these Same High Low None of these Same ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management According to MAPI formula, the old machine should be replaced by new one when(Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum) CAM = DAM CAM > DAM CAM < DAM There is no such criterion CAM = DAM CAM > DAM CAM < DAM There is no such criterion ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The assumption in PERT is Activities are fixed and can't be changed A project can be subdivided into a set of predictable, independent activities A project will always be behind schedule, if left uncorrected Cost of project will always be more than the estimated cost, if no timely corrections are taken Activities are fixed and can't be changed A project can be subdivided into a set of predictable, independent activities A project will always be behind schedule, if left uncorrected Cost of project will always be more than the estimated cost, if no timely corrections are taken ANSWER DOWNLOAD EXAMIANS APP
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