Industrial Engineering and Production Management Merit rating is the method of determining the Worth of a machine Relative values of a job Workers performance on a job Value of overall production Worth of a machine Relative values of a job Workers performance on a job Value of overall production ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The assumption in PERT is Activities are fixed and can't be changed A project will always be behind schedule, if left uncorrected A project can be subdivided into a set of predictable, independent activities Cost of project will always be more than the estimated cost, if no timely corrections are taken Activities are fixed and can't be changed A project will always be behind schedule, if left uncorrected A project can be subdivided into a set of predictable, independent activities Cost of project will always be more than the estimated cost, if no timely corrections are taken ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis shows profit when Sales revenue > total cost Sales revenue < total cost Variable cost < fixed cost Sales revenue = total cost Sales revenue > total cost Sales revenue < total cost Variable cost < fixed cost Sales revenue = total cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The simplex method is the basic method for Value analysis Linear programming Operation research Model analysis Value analysis Linear programming Operation research Model analysis ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time) (to + 2tp + tn)/4 (to + 4tp + tn)/5 (to + tp + 4tn)/6 (to + tp + tn)/3 (to + 2tp + tn)/4 (to + 4tp + tn)/5 (to + tp + 4tn)/6 (to + tp + tn)/3 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is 25 100 50 75 25 100 50 75 ANSWER DOWNLOAD EXAMIANS APP
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