Industrial Engineering and Production Management If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be TR TR + [(S - T)/2] × R TR + (S - T) × R TR + [(S - T)/S] × R TR TR + [(S - T)/2] × R TR + (S - T) × R TR + [(S - T)/S] × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is 0.84 0.5 0.95 0.66 0.84 0.5 0.95 0.66 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In CPM, the cost slope is determined by Normal Cost/Crash cost (Normal cost - Crash cost)/ (Normal time - Crash time) (Crash Cost - Normal cost)/ (Normal time - Crash time) Crash cost/Normal Cost Normal Cost/Crash cost (Normal cost - Crash cost)/ (Normal time - Crash time) (Crash Cost - Normal cost)/ (Normal time - Crash time) Crash cost/Normal Cost ANSWER DOWNLOAD EXAMIANS APP
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 2AP/C √(2AP/C) (AP/C)² AP/C 2AP/C √(2AP/C) (AP/C)² 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 Straight line method ABC charging method Annuity charging method Sinking fund method Straight line method ABC charging method Annuity charging method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker On the percentage of time saved Whose output exceeds 67% efficiency On the percentage of time worked On the percentage of standard time On the percentage of time saved Whose output exceeds 67% efficiency On the percentage of time worked On the percentage of standard time ANSWER DOWNLOAD EXAMIANS APP