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 + tp + 4tn)/6 (to + 2tp + tn)/4 (to + 4tp + tn)/5 (to + tp + tn)/3 (to + tp + 4tn)/6 (to + 2tp + tn)/4 (to + 4tp + tn)/5 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 Break-even chart Gantt chart Flow chart PERT chart Break-even chart Gantt chart Flow chart PERT chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The most suitable incentive plan for the maintenance section of an industry will be Group incentive plan Profit sharing plans Piece rate system Simplification Group incentive plan Profit sharing plans Piece rate system Simplification ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Work study involves Only motion study Method study and work measurement Only work measurement Only method study Only motion study Method study and work measurement Only work measurement Only method study ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A company spends considerable amount on publicity to promote sales. This expenditure in break even chart is shown below the Total cost line Sales revenue line Variable cost line Fixed cost line Total cost line Sales revenue line Variable cost line Fixed cost line ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The reasons which are basically responsible for the formation of a queue should be that Output rate is linearly proportional to input The average service rate Hess than the average arrival rate Output rate is constant and the input varies in a random manner All of these Output rate is linearly proportional to input The average service rate Hess than the average arrival rate Output rate is constant and the input varies in a random manner All of these ANSWER DOWNLOAD EXAMIANS APP