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 Linear programming can be applied successfully to Oil industry All of these Chemical industry Banks Oil industry All of these Chemical industry Banks ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as Rowan Plan Halsey Premium plan Day work plan Taylor Differential Piece rate system Rowan Plan Halsey Premium plan Day work plan Taylor Differential Piece rate system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Standard time is equal to Normal time taken by an operation (Normal time) - (allowances) (Normal time) + (allowances) Representative time multiplied by rating factor Normal time taken by an operation (Normal time) - (allowances) (Normal time) + (allowances) Representative time multiplied by rating factor ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time of completing a project in network analysis is given by following time of the critical activity meeting at the final triode Late finish Early finish Late start Early start Late finish Early finish Late start Early start ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the correct statement about relationship between various floats Free float = total float Independent float > free float Independent float < free float Independent float = total float Free float = total float Independent float > free float Independent float < free float Independent float = total float ANSWER DOWNLOAD EXAMIANS APP