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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store

Inflated system
Primary cost method
Current value method
Fixed price method

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Industrial Engineering and Production Management
PERT requires

Single time estimate
None of the listed here
Double time estimate
Triple time estimate

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Industrial Engineering and Production Management
Which of the following conditions are necessary for applying linear programming?

The resources must be in limited supply.
These must be a well defined objective function.
All of these
The decision variables should be interrelated and nonnegative.

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Industrial Engineering and Production Management
For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be

460
1000
500
300

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Industrial Engineering and Production Management
The probability distribution of project completion in PERT follows following distribution

Gaussian
Exponential
Binomial
Normal

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Industrial Engineering and Production Management
Micro-motion study involves following number of fundamental hand motions

12
16
20
8

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