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 The purpose of micro-motion study is to Help in collecting the motion time data for synthetic time standards Train the individual operator regarding the motion economy principles Assist in finding out the most efficient way of doing work All of these Help in collecting the motion time data for synthetic time standards Train the individual operator regarding the motion economy principles Assist in finding out the most efficient way of doing work All of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is 25 50 100 75 25 50 100 75 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management For ship vessel industry the following layout is best suited Process layout Plant layout Product layout Fixed position layout Process layout Plant layout Product layout Fixed position layout ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is _________ the standard time. One-half One-fourth Equal to Twice One-half One-fourth Equal to Twice ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following incentive plans ensures a part of the swing to the worker and rest to the employer? Halsey premium plan Emerson efficiency plan Taylor plan Gilbert plan Halsey premium plan Emerson efficiency plan Taylor plan Gilbert plan ANSWER DOWNLOAD EXAMIANS APP