Industrial Engineering and Production Management The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time) (to + tp + tn)/3 (to + 2tp + tn)/4 (to + 4tp + tn)/5 (to + tp + 4tn)/6 (to + tp + tn)/3 (to + 2tp + tn)/4 (to + 4tp + tn)/5 (to + tp + 4tn)/6 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Merit rating is the method of determining the Relative values of a job Workers performance on a job Value of overall production Worth of a machine Relative values of a job Workers performance on a job Value of overall production Worth of a machine ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The allowed time for a job equals standard time plus Process allowance Learning allowance Policy allowance Interference allowance Process allowance Learning allowance Policy allowance Interference allowance ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Discrepancies of bar chart techniques are Effective monitoring/controlling can't be done Free time available for an activity can't be predicted All of these Consequential effects of lack in one activity on the finish date Effective monitoring/controlling can't be done Free time available for an activity can't be predicted All of these Consequential effects of lack in one activity on the finish date ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is 25 75 50 100 25 75 50 100 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that All standards should be based on time studies A differential piece rate system should exist Minimum wages should be guaranteed Provide incentive to group efficiency performance All standards should be based on time studies A differential piece rate system should exist Minimum wages should be guaranteed Provide incentive to group efficiency performance ANSWER DOWNLOAD EXAMIANS APP
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