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 × V)/P F/[1 + (V/P)] (F × P)/V F/[1 - (V/P)] (F × V)/P F/[1 + (V/P)] (F × P)/V ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Work sampling is applied for Estimating the percentage of the time consumed by various job activities Estimation of the percentage utilization of machine tools All of these Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible Estimating the percentage of the time consumed by various job activities Estimation of the percentage utilization of machine tools All of these Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following organizations is best suited for steel plants Staff organization Functional organization Line, staff and functional organizations Line organization Staff organization Functional organization Line, staff and functional organizations Line organization ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A-B-C analysis is used in All of these PERT CPM Inventory control All of these PERT CPM Inventory control ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Time study is used to Determine the number of machines a person may run Provide a basis for setting piece price or incentive wages Determine standard costs All of the these Determine the number of machines a person may run Provide a basis for setting piece price or incentive wages Determine standard costs All of the these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on: A standard rating system His individual performance A job evaluation system A merit rating system A standard rating system His individual performance A job evaluation system A merit rating system ANSWER DOWNLOAD EXAMIANS APP
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