Industrial Engineering and Production Management The term 'value' in value engineering refers to Manufactured cost of the product Selling price of the product Total cost of the product Utility of the product Manufactured cost of the product Selling price of the product Total cost of the product Utility of the product ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to F/[1 - (V/P)] F/[1 + (V/P)] (F × V)/P (F × P)/V F/[1 - (V/P)] F/[1 + (V/P)] (F × V)/P (F × P)/V ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The simplex method is the basic method for Linear programming Value analysis Operation research Model analysis Linear programming Value analysis Operation research Model analysis ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In micro-motion study, therblig is described by An event Standard symbol and colour A symbol An activity An event Standard symbol and colour A symbol An activity ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker On the percentage of standard time On the percentage of time worked Whose output exceeds 67% efficiency On the percentage of time saved On the percentage of standard time On the percentage of time worked Whose output exceeds 67% efficiency On the percentage of time saved ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The production cost per unit can be reduced by Minimizing resource waste Producing more with the same inputs Producing more with increased inputs Eliminating idle time Minimizing resource waste Producing more with the same inputs Producing more with increased inputs Eliminating idle time ANSWER DOWNLOAD EXAMIANS APP