Industrial Engineering and Production Management Time study is used to Provide a basis for setting piece price or incentive wages Determine the number of machines a person may run All of the these Determine standard costs Provide a basis for setting piece price or incentive wages Determine the number of machines a person may run All of the these Determine standard costs ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A big advantage of PERT over Gantt charts is that in the former case Interrelationship among activities is clearly shown Activity times are clear Early start and late finish of an activity are clearly marked Activities and events are clearly shown Interrelationship among activities is clearly shown Activity times are clear Early start and late finish of an activity are clearly marked Activities and events are clearly shown ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Scheduling gives information about When work should complete That how idle time can be minimized When work should start and how much work should be completed during a certain period Proper utilization of machines When work should complete That how idle time can be minimized When work should start and how much work should be completed during a certain period Proper utilization of machines ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Inventory control in production, planning and control aims at Acceptable customer service at low capital investment in inventory Discounts allowed in bulk purchase Achieving optimization Ensuring against market fluctuations Acceptable customer service at low capital investment in inventory Discounts allowed in bulk purchase Achieving optimization Ensuring against market fluctuations ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The standard time for a job is Total work content Total work content + delay contingency allowance Total work content + basic time Base time + relaxation time Total work content Total work content + delay contingency allowance Total work content + basic time Base time + relaxation time ANSWER DOWNLOAD EXAMIANS APP
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 + 4tn)/6 (to + tp + tn)/3 (to + 4tp + tn)/5 (to + 2tp + tn)/4 (to + tp + 4tn)/6 (to + tp + tn)/3 (to + 4tp + tn)/5 (to + 2tp + tn)/4 ANSWER DOWNLOAD EXAMIANS APP
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