Industrial Engineering and Production Management If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to F/[1 + (V/P)] F/[1 - (V/P)] (F × V)/P (F × P)/V F/[1 + (V/P)] F/[1 - (V/P)] (F × V)/P (F × P)/V ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Inventory control in production, planning and control aims at Ensuring against market fluctuations Achieving optimization Discounts allowed in bulk purchase Acceptable customer service at low capital investment in inventory Ensuring against market fluctuations Achieving optimization Discounts allowed in bulk purchase Acceptable customer service at low capital investment in inventory ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In value engineering, important consideration is given to Customer satisfaction Function concept Profit maximization Cost reduction Customer satisfaction Function concept Profit maximization Cost reduction ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The important file in making a PERT is No activity from any event can be started from preceding event till it is completed An event can't be accomplished until activities leading to it are completed Length of arrow has nothing to do with time All of the these No activity from any event can be started from preceding event till it is completed An event can't be accomplished until activities leading to it are completed Length of arrow has nothing to do with time All of the these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant Annuity charging method ABC charging method Sinking fund method Straight line method Annuity charging method ABC charging method Sinking fund method Straight line method ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be 1000 460 300 500 1000 460 300 500 ANSWER DOWNLOAD EXAMIANS APP