Industrial Engineering and Production Management Gantt chart is used for Production schedule Material handling Inventory control Machine repair schedules Production schedule Material handling Inventory control Machine repair schedules ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by AP/C 2AP/C (AP/C)² √(2AP/C) AP/C 2AP/C (AP/C)² √(2AP/C) ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following equations is not in conformity with others? Organization performance × motivation = profits Knowledge × skill = ability Attitude × situation = motivation Ability × motivation = performance Organization performance × motivation = profits Knowledge × skill = ability Attitude × situation = motivation Ability × motivation = performance 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 × V)/P F/[1 + (V/P)] F/[1 - (V/P)] (F × P)/V (F × V)/P F/[1 + (V/P)] F/[1 - (V/P)] (F × P)/V ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which one of the following techniques is used for determining allowances in time study? Acceptance sampling Performance rating Work sampling Linear regression Acceptance sampling Performance rating Work sampling Linear regression ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The assumption in PERT is A project will always be behind schedule, if left uncorrected A project can be subdivided into a set of predictable, independent activities Activities are fixed and can't be changed Cost of project will always be more than the estimated cost, if no timely corrections are taken A project will always be behind schedule, if left uncorrected A project can be subdivided into a set of predictable, independent activities Activities are fixed and can't be changed Cost of project will always be more than the estimated cost, if no timely corrections are taken ANSWER DOWNLOAD EXAMIANS APP