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 × P)/V (F × V)/P F/[1 - (V/P)] F/[1 + (V/P)] (F × P)/V (F × V)/P ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Work study comprises following main techniques Method study and job evaluation Method study and work measurement Method study and time study Time study and work measurement Method study and job evaluation Method study and work measurement Method study and time study Time study and work measurement ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A device used for lifting or lowering objects suspended from a hook at the end of retractable chains or cable is called Portable elevator Chain conveyor Jib crane Hoist Portable elevator Chain conveyor Jib crane Hoist ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches 0.75 0.5 0.6667 0.8 0.75 0.5 0.6667 0.8 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time which results in the least possible direct cost of an activity is known as Slow time Normal time Standard time Crash time Slow time Normal time Standard time Crash time 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 job evaluation system His individual performance A merit rating system A standard rating system A job evaluation system His individual performance A merit rating system A standard rating system ANSWER DOWNLOAD EXAMIANS APP
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