Industrial Engineering and Production Management In inventory control, the economic order quantity is the Optimum lot size Lot corresponding to break-even point Capability of a plant to produce Highest level of inventory Optimum lot size Lot corresponding to break-even point Capability of a plant to produce Highest level of inventory ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The amount deducted from the salary of workers towards employee’s provident fund is Deposited in nationalized bank Deposited in the account of worker with Provident Fund Commissioner Deposited in post office Credited into reserves of company Deposited in nationalized bank Deposited in the account of worker with Provident Fund Commissioner Deposited in post office Credited into reserves of company ANSWER DOWNLOAD EXAMIANS APP
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 + [(S - T)/2] × R TR + (S - T) × R TR TR + [(S - T)/S] × R TR + [(S - T)/2] × R TR + (S - T) × R TR TR + [(S - T)/S] × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In value engineering, important consideration is given to Cost reduction Profit maximization Function concept Customer satisfaction Cost reduction Profit maximization Function concept Customer satisfaction ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management According to Rowan plan of wage incentive system, bonus is paid to a worker Whose output exceeds 67% efficiency On the percentage of time saved On the percentage of time worked On the percentage of standard time Whose output exceeds 67% efficiency On the percentage of time saved On the percentage of time worked On the percentage of standard time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Time study is Time taken by workers to do a job The appraisal, in terms of time, of the value of work involving human effort Machine setting time Method of fixing time for workers Time taken by workers to do a job The appraisal, in terms of time, of the value of work involving human effort Machine setting time Method of fixing time for workers ANSWER DOWNLOAD EXAMIANS APP
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