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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Merit rating is the method of determining the

Value of overall production
Worth of a machine
Relative values of a job
Workers performance on a job

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Industrial Engineering and Production Management
In crash program for a project

both direct and indirect costs, increase
indirect costs increase and direct costs decrease
direct costs increase and indirect costs decrease
cost is no criterion

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Industrial Engineering and Production Management
Slack of various events on the critical path in PERT/CPM chart

Remain constant
May increase or decrease depending on various factors
Increases continuously
Decreases continuously

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Industrial Engineering and Production Management
Line organization is suitable for

Sugar industries
Oil refining industries
All of these
Spinning and weaving industries

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Industrial Engineering and Production Management
Which of the following conditions are necessary for applying linear programming?

The decision variables should be interrelated and nonnegative.
These must be a well defined objective function.
All of these
The resources must be in limited supply.

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Industrial Engineering and Production Management
Current assets include

Manufacturing plant
Inventories
Manufacturing plant and equipment
Common stock held by the firm

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