Industrial Engineering and Production Management
Under the Apprenticeship Act

Only industries employing more than 500 workers have to recruit apprentices
Industries have to train apprentices according to their requirement
All industries employing more than 100 workers have to recruit apprentices
All industries have to necessarily train the apprentices

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Industrial Engineering and Production Management
Value engineering aims at finding out the

Resale value of a product
Depreciation value of a product
Major function of the item and accomplishing the same at least cost without change in quality
Break-even point when machine requires change

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