Industrial Engineering and Production Management In the cost structure of a product, the selling price is determined by the factors such as Lowest competitive price Sales turn over Various elements of the cost All of these Lowest competitive price Sales turn over Various elements of the cost All of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Routing is essential in the following type of industry Assembly industry Process industry Mass production industry Job order industry Assembly industry Process industry Mass production industry Job order industry ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis consists of Fixed and variable costs Fixed cost Operation costs Variable cost Fixed and variable costs Fixed cost Operation costs Variable cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Time study is used to Determine the number of machines a person may run Provide a basis for setting piece price or incentive wages All of the these Determine standard costs Determine the number of machines a person may run Provide a basis for setting piece price or incentive wages All of the these Determine standard costs ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The break-even point represents Time when industry will undergo loss The most economical level of operation of any industry The time when company can make maximum profits The time when unit can run without any loss and profit Time when industry will undergo loss The most economical level of operation of any industry The time when company can make maximum profits The time when unit can run without any loss and profit ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management According to MAPI formula, the old machine should be replaced by new one when (Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum) There is no such criterion CAM > DAM CAM < DAM CAM = DAM There is no such criterion CAM > DAM CAM < DAM CAM = DAM ANSWER DOWNLOAD EXAMIANS APP