Industrial Engineering and Production Management Pessimistic time is The minimum time in which an activity can possibly be accomplished The most probable time considering all conditions The maximum time which an activity might require The average time required for a job The minimum time in which an activity can possibly be accomplished The most probable time considering all conditions The maximum time which an activity might require The average time required for a job ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by √(2AP/C) 2AP/C (AP/C)² AP/C √(2AP/C) 2AP/C (AP/C)² AP/C ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT has following time estimate Four time estimate One time estimate Two time estimate Three time estimate Four time estimate One time estimate Two time estimate Three time estimate ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Halsey plan of wage incentive Is based upon efficiency of worker Is not applied to all level of workers Is applied to all level of workers Does not guarantee minimum wage Is based upon efficiency of worker Is not applied to all level of workers Is applied to all level of workers Does not guarantee minimum wage 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
Industrial Engineering and Production Management An optimum project schedule implies Optimum utilization of men, machines and materials Lowest possible cost and shortest possible time for project To produce best results under given constraints Timely execution of project Optimum utilization of men, machines and materials Lowest possible cost and shortest possible time for project To produce best results under given constraints Timely execution of project ANSWER DOWNLOAD EXAMIANS APP
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