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 (AP/C)² 2AP/C √(2AP/C) AP/C (AP/C)² 2AP/C ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as PERT chart Gantt chart Flow chart Break-even chart PERT chart Gantt chart Flow chart Break-even chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following conditions are necessary for applying linear programming? The resources must be in limited supply. These must be a well defined objective function. All of these The decision variables should be interrelated and nonnegative. The resources must be in limited supply. These must be a well defined objective function. All of these The decision variables should be interrelated and nonnegative. ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Routing prescribes the Inspection of final product Flow of material in the plant Proper utilization of machines Proper utilization of man power Inspection of final product Flow of material in the plant Proper utilization of machines Proper utilization of man power ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it Consumes resources but no time Consumes time, but no resources Consumes neither time nor resources Is a dangling event Consumes resources but no time Consumes time, but no resources Consumes neither time nor resources Is a dangling event ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT analysis is based upon Most likely time All of these Optimistic time Pessimistic time Most likely time All of these Optimistic time Pessimistic time ANSWER DOWNLOAD EXAMIANS APP
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