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) 2AP/C AP/C (AP/C)² √(2AP/C) 2AP/C AP/C ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The production cost per unit can be reduced by Producing more with increased inputs Minimizing resource waste Producing more with the same inputs Eliminating idle time Producing more with increased inputs Minimizing resource waste Producing more with the same inputs Eliminating idle time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Micro-motion study involves following number of fundamental hand motions 16 12 8 20 16 12 8 20 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Slack of various events on the critical path in PERT/CPM chart Increases continuously May increase or decrease depending on various factors Remain constant Decreases continuously Increases continuously May increase or decrease depending on various factors Remain constant Decreases continuously 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? Taylor plan Emerson efficiency plan Gilbert plan Halsey premium plan Taylor plan Emerson efficiency plan Gilbert plan Halsey premium plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of A combination of line and process layout Process layout Product layout Fixed position layout A combination of line and process layout Process layout Product layout Fixed position layout ANSWER DOWNLOAD EXAMIANS APP
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