Industrial Engineering and Production Management Inventory control in production, planning and control aims at Ensuring against market fluctuations Achieving optimization Acceptable customer service at low capital investment in inventory Discounts allowed in bulk purchase Ensuring against market fluctuations Achieving optimization Acceptable customer service at low capital investment in inventory Discounts allowed in bulk purchase ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the incorrect statement about advantages of work sampling No time measuring devices are generally needed Simultaneous study of many operators may be made by a single observer Permits a fine breakdown of activities and delays Calculations are easier, method is economical and less time consuming No time measuring devices are generally needed Simultaneous study of many operators may be made by a single observer Permits a fine breakdown of activities and delays Calculations are easier, method is economical and less time consuming ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management String diagram is used All of these When a group of workers are working at a place For checking the relative values of various layouts Where processes require the operator to be moved from one place to another All of these When a group of workers are working at a place For checking the relative values of various layouts Where processes require the operator to be moved from one place to another ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Value engineering aims at finding out the Depreciation value of a product Major function of the item and accomplishing the same at least cost without change in quality Resale value of a product Break-even point when machine requires change Depreciation value of a product Major function of the item and accomplishing the same at least cost without change in quality Resale value of a product Break-even point when machine requires change ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A big advantage of PERT over Gantt charts is that in the former case Activity times are clear Early start and late finish of an activity are clearly marked Interrelationship among activities is clearly shown Activities and events are clearly shown Activity times are clear Early start and late finish of an activity are clearly marked Interrelationship among activities is clearly shown Activities and events are clearly shown ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it Consumes time, but no resources Consumes resources but no time Consumes neither time nor resources Is a dangling event Consumes time, but no resources Consumes resources but no time Consumes neither time nor resources Is a dangling event ANSWER DOWNLOAD EXAMIANS APP
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