Industrial Engineering and Production Management Standard time is equal to (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 (Normal time) + (allowances) Normal time taken by an operation ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Standard time is defined as Normal time + idle time Only normal time for an operation Normal time + idle time + allowances Normal time + allowances Normal time + idle time Only normal time for an operation Normal time + idle time + allowances Normal time + allowances ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In the cost structure of a product, the selling price is determined by the factors such as Sales turn over All of these Various elements of the cost Lowest competitive price Sales turn over All of these Various elements of the cost Lowest competitive price ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as PERT chart Gantt chart Break-even chart Flow chart PERT chart Gantt chart Break-even chart Flow chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Merit rating is the method of determining the Worth of a machine Workers performance on a job Value of overall production Relative values of a job Worth of a machine Workers performance on a job Value of overall production Relative values of a job ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The technique of value analysis can be applied to Complicated items only Simple items only Crash programmer items only Any item Complicated items only Simple items only Crash programmer items only Any item ANSWER DOWNLOAD EXAMIANS APP