Industrial Engineering and Production Management Service time in queuing theory is usually assumed to follow Normal distribution Exponential law Erlang distribution Poisson’s distribution Normal distribution Exponential law Erlang distribution Poisson’s distribution ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Standard time is equal to (Normal time) - (allowances) Normal time taken by an operation (Normal time) + (allowances) Representative time multiplied by rating factor (Normal time) - (allowances) Normal time taken by an operation (Normal time) + (allowances) Representative time multiplied by rating factor ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to F/[1 - (V/P)] F/[1 + (V/P)] (F × P)/V (F × V)/P F/[1 - (V/P)] F/[1 + (V/P)] (F × P)/V (F × V)/P ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The grouping of activities into organizational units is called Corporate plans Higher level management Functional authority Departmentation Corporate plans Higher level management Functional authority Departmentation ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT/CPM, techniques can be used for following applications All of these Research and development Once through project Maintenance jobs All of these Research and development Once through project Maintenance jobs ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pessimistic time is The maximum time which an activity might require The most probable time considering all conditions The average time required for a job The minimum time in which an activity can possibly be accomplished The maximum time which an activity might require The most probable time considering all conditions The average time required for a job The minimum time in which an activity can possibly be accomplished ANSWER DOWNLOAD EXAMIANS APP
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