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Industrial Engineering and Production Management

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
√(2AP/C)
AP/C
2AP/C

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Industrial Engineering and Production Management
PERT is applied for

All of these
Research and development of products
Marketing programmes and advertising programmes
Installation of machinery

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Industrial Engineering and Production Management
The difference between the time available to do the job and the time required to do the job, is known as

Event
Float
Constraint
Duration

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Industrial Engineering and Production Management
The main objective of work measurement is to

Plan and schedule of production
All of these
Formulate a proper incentive scheme
Estimate the selling prices and delivery dates

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Industrial Engineering and Production Management
Statistical quality control techniques are based on the theory of

Statistics
All of the these
Probability
Quality

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Industrial Engineering and Production Management
PERT requires

Double time estimate
None of the listed here
Triple time estimate
Single time estimate

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