Industrial Engineering and Production Management The basic difference between PERT and CPM is that Costs are considered on CPM only and not in PERT PERT deals with events and CPM with activities Guessed times are used in PERT and evaluated times in CPM Critical path is determined in PERT only Costs are considered on CPM only and not in PERT PERT deals with events and CPM with activities Guessed times are used in PERT and evaluated times in CPM Critical path is determined in PERT only ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis consists of Variable cost Fixed and variable costs Operation costs Fixed cost Variable cost Fixed and variable costs Operation costs Fixed cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Father of time study was F.W. Taylor H.L. Gantt R.M. Barnes F.B. Gilbert F.W. Taylor H.L. Gantt R.M. Barnes F.B. Gilbert ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Emergency rush order can be pushed more effectively in Continuous production Intermittent production Automatic production Job production Continuous production Intermittent production Automatic production Job production ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The term 'value' in value engineering refers to Manufactured cost of the product Total cost of the product Selling price of the product Utility of the product Manufactured cost of the product Total cost of the product Selling price of the product Utility of the product 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) AP/C 2AP/C (AP/C)² √(2AP/C) AP/C 2AP/C (AP/C)² ANSWER DOWNLOAD EXAMIANS APP
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