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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as

Halsey Premium Plan
Dry work Plan
Rowan Plan
Taylor Plan

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Industrial Engineering and Production Management
The most important objective behind plant layout is

To provide conveniently located shops
Maximum travel time in plant
Overall simplification, safety of integration
Economy in space

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Industrial Engineering and Production Management
According to MAPI formula, the old machine should be replaced by new one when
(Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum)

CAM > DAM
There is no such criterion
CAM < DAM
CAM = DAM

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Industrial Engineering and Production Management
Which of the following is independent of sales forecast?

Inventory control
Productivity
Production control
Production planning

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Industrial Engineering and Production Management
Break-even analysis consists of

Fixed and variable costs
Fixed cost
Operation costs
Variable cost

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Industrial Engineering and Production Management
In CPM, the cost slope is determined by

(Normal cost - Crash cost)/ (Normal time - Crash time)
Normal Cost/Crash cost
(Crash Cost - Normal cost)/ (Normal time - Crash time)
Crash cost/Normal Cost

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