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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is

25
100
75
50

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Industrial Engineering and Production Management
Bar chart is suitable for

Minor work
Major work
Large project
All of these

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Industrial Engineering and Production Management
Acceptance sampling is widely used in

All of these
Batch production
Job production
Mass production

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Industrial Engineering and Production Management
Break-even analysis can be used for

Long run analysis
Short run analysis
There is no such criterion
Average of above two run analysis

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Industrial Engineering and Production Management
In jobbing production

Unit costs are high
Operations are labour-intensive
All of these
Highly skilled workers are needed

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Industrial Engineering and Production Management
A critical activity has

Maximum slack
Minimum slack
Average slack
Zero slack

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