Industrial Engineering and Production Management The aim of value engineering is to Minimize the cost without change in quality of the product Determine the selling price of a product All of these Find the depreciation value of a machine Minimize the cost without change in quality of the product Determine the selling price of a product All of these Find the depreciation value of a machine ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Service time in queuing theory is usually assumed to follow Exponential law Erlang distribution Poisson’s distribution Normal distribution Exponential law Erlang distribution Poisson’s distribution Normal distribution ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis shows profit when Variable cost < fixed cost Sales revenue < total cost Sales revenue = total cost Sales revenue > total cost Variable cost < fixed cost Sales revenue < total cost Sales revenue = total cost Sales revenue > total cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following are the principles of material handling? Move the heaviest weight to the least distance Select only efficient handling equipment Keep all the handling to the minimum All of these Move the heaviest weight to the least distance Select only efficient handling equipment Keep all the handling to the minimum All of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The grouping of activities into organizational units is called Departmentation Higher level management Functional authority Corporate plans Departmentation Higher level management Functional authority Corporate plans ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In a functional organisation Specialized knowledge and guidance to individual worker is provided Quality of work is better All of these Wastage of material is minimum Specialized knowledge and guidance to individual worker is provided Quality of work is better All of these Wastage of material is minimum ANSWER DOWNLOAD EXAMIANS APP