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 √(2AP/C) AP/C 2AP/C (AP/C)² √(2AP/C) AP/C 2AP/C (AP/C)² 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 A big advantage of PERT over Gantt charts is that in the former case Activity times are clear Early start and late finish of an activity are clearly marked Interrelationship among activities is clearly shown Activities and events are clearly shown Activity times are clear Early start and late finish of an activity are clearly marked Interrelationship among activities is clearly shown Activities and events are clearly shown ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Scheduling gives information about Proper utilization of machines When work should complete That how idle time can be minimized When work should start and how much work should be completed during a certain period Proper utilization of machines When work should complete That how idle time can be minimized When work should start and how much work should be completed during a certain period ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Simplex method is the method used for Network analysis Value analysis Queuing theory Linear programming Network analysis Value analysis Queuing theory Linear programming ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Templates are used for Copying complicated profiles Advancing a programme in automatic machines A planning layout Flow of material Copying complicated profiles Advancing a programme in automatic machines A planning layout Flow of material ANSWER DOWNLOAD EXAMIANS APP