Industrial Engineering and Production Management In break even analysis, total cost consists of Fixed cost + variable cost + profit Variable cost + sales revenue Fixed cost + variable cost Fixed cost + variable cost + profit Variable cost + sales revenue Fixed cost + variable cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store Primary cost method Inflated system Fixed price method Current value method Primary cost method Inflated system Fixed price method Current value method 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 2AP/C AP/C (AP/C)² √(2AP/C) 2AP/C AP/C (AP/C)² √(2AP/C) ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Simplex method is the method used for Value analysis Queuing theory Linear programming Network analysis Value analysis Queuing theory Linear programming Network analysis ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Fixed position layout is also known as Static product layout Synthetic layout None of these Analytical layout Static product layout Synthetic layout None of these Analytical layout ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In order that linear programming techniques provide valid results Only one factor should change at a time, others remaining constant Relations between factors must be linear (positive) Relations between factors must be linear (negative) Either (A) or (B) Only one factor should change at a time, others remaining constant Relations between factors must be linear (positive) Relations between factors must be linear (negative) Either (A) or (B) ANSWER DOWNLOAD EXAMIANS APP