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)² AP/C 2AP/C √(2AP/C) (AP/C)² AP/C 2AP/C √(2AP/C) 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 There is no such criterion CAM > DAM CAM = DAM CAM < DAM There is no such criterion CAM > DAM ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Halsey plan of wage incentive Does not guarantee minimum wage Is based upon efficiency of worker Is not applied to all level of workers Is applied to all level of workers Does not guarantee minimum wage Is based upon efficiency of worker Is not applied to all level of workers Is applied to all level of workers ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Military type of organisation is known as Line organisation Line, staff and functional organisation Functional organisation Line and staff organisation Line organisation Line, staff and functional organisation Functional organisation Line and staff organisation ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT Provides a way for management to require that planning be done on a uniform and logical basis Provides an approach for keeping planning up-to-date All of the listed here Permits management to foresee quickly the impact of variations from the plan Provides a way for management to require that planning be done on a uniform and logical basis Provides an approach for keeping planning up-to-date All of the listed here Permits management to foresee quickly the impact of variations from the plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A dummy activity in a net work diagram Does not consume time or resources All of these Is an artificial activity Is represented by a dotted line Does not consume time or resources All of these Is an artificial activity Is represented by a dotted line ANSWER DOWNLOAD EXAMIANS APP
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