Industrial Engineering and Production Management In inventory control, the economic order quantity is the 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 Optimum lot size Lot corresponding to break-even point ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which one of the following represents a group incentive plan? Rowan Plan Halsey Premium Plan Scanlon Plan Taylor Differential Piece Rate System Rowan Plan Halsey Premium Plan Scanlon Plan Taylor Differential Piece Rate System ANSWER DOWNLOAD EXAMIANS APP
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 × P)/V F/[1 + (V/P)] (F × V)/P F/[1 - (V/P)] (F × P)/V F/[1 + (V/P)] (F × V)/P ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management At the break-even point, Total cost is less than the sales revenue Total cost is equal to sales revenue Fixed cost is equal to variable cost Total cost is more than the sales revenue Total cost is less than the sales revenue Total cost is equal to sales revenue Fixed cost is equal to variable cost Total cost is more than the sales revenue ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The product layout All of these Requires less space for placing machines Utilizes machine and labour better Lowers overall manufacturing time All of these Requires less space for placing machines Utilizes machine and labour better Lowers overall manufacturing time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Process layout is employed Where low volume of production is required Where machines are arranged on functional basis All of these Where similar jobs are manufactured on similar machines Where low volume of production is required Where machines are arranged on functional basis All of these Where similar jobs are manufactured on similar machines ANSWER DOWNLOAD EXAMIANS APP
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