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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Monte Carlo solutions in queuing theory are extremely useful in queuing problems

Involving multistage queuing
All of the these
To verify mathematical results
That can't be analysed mathematically

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Industrial Engineering and Production Management
A-B-C analysis is used in

Inventory control
PERT
CPM
All of these

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Industrial Engineering and Production Management
The most important function of inventory control is

To run the stores effectively
Technical responsibility for the state of materials
Stock control system
All of these

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Industrial Engineering and Production Management
PERT analysis is based upon

Pessimistic time
Most likely time
All of these
Optimistic time

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Industrial Engineering and Production Management
Break-even analysis consists of

Operation costs
Fixed and variable costs
Variable cost
Fixed cost

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Industrial Engineering and Production Management
Basic motion time study gives times for basic motions in ten thousandths of

Minute
Day
Second
Hour

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