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 Current value method Fixed price method Primary cost method Inflated system Current value method Fixed price method Primary cost method Inflated system ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time of completing a project in network analysis is given by following time of the critical activity meeting at the final triode Early finish Early start Late start Late finish Early finish Early start Late start Late finish ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The assumption in PERT is A project can be subdivided into a set of predictable, independent activities A project will always be behind schedule, if left uncorrected Activities are fixed and can't be changed Cost of project will always be more than the estimated cost, if no timely corrections are taken A project can be subdivided into a set of predictable, independent activities A project will always be behind schedule, if left uncorrected Activities are fixed and can't be changed Cost of project will always be more than the estimated cost, if no timely corrections are taken ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time which results in the least possible direct cost of an activity is known as Slow time Standard time Normal time Crash time Slow time Standard time Normal time Crash time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis shows profit when Sales revenue > total cost Variable cost < fixed cost Sales revenue = total cost Sales revenue < total cost Sales revenue > total cost Variable cost < fixed cost Sales revenue = total cost Sales revenue < total cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Service time in queuing theory is usually assumed to follow Normal distribution Poisson’s distribution Erlang distribution Exponential law Normal distribution Poisson’s distribution Erlang distribution Exponential law ANSWER DOWNLOAD EXAMIANS APP
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