Industrial Engineering and Production Management
The aim of value engineering is to

All of these
Determine the selling price of a product
Minimize the cost without change in quality of the product
Find the depreciation value of a machine

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Industrial Engineering and Production Management
The critical path of a network represents

Minimum cost required for completion of project
Maximum cost required for completion of project
The maximum time required for completion of project
The minimum time required for completion of project

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Industrial Engineering and Production Management
Travel charts provide

An idea of the flow of materials at various stages
The information for changes required in rearranging material handling equipment
An approximate estimate of the handling which must be done at a particular station
A compact estimate of the handling which must be done between various work sections

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