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Industrial Engineering and Production Management

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

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Industrial Engineering and Production Management
The probability distribution of project completion in PERT follows following distribution

Gaussian
Exponential
Normal
Binomial

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Industrial Engineering and Production Management
A-B-C analysis is used in

All of these
CPM
Inventory control
PERT

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Industrial Engineering and Production Management
The average time recorded by work study man for an operation is called

Normal time
Representative time
None of these
Standard time

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Industrial Engineering and Production Management
The linear programming techniques can be applied successfully to industries like

All of the listed here
Food processing
Oil and chemical
Iron and steel

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Industrial Engineering and Production Management
The type of layout used for manufacturing steam turbines, is

Process layout
Fixed position layout
Product layout
Any one of these

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