Industrial Engineering and Production Management Which of the following conditions are necessary for applying linear programming? The decision variables should be interrelated and nonnegative. The resources must be in limited supply. All of these These must be a well defined objective function. The decision variables should be interrelated and nonnegative. The resources must be in limited supply. All of these These must be a well defined objective function. ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be TR + [(S - T)/2] × R TR + (S - T) × R TR TR + [(S - T)/S] × R TR + [(S - T)/2] × R TR + (S - T) × R TR TR + [(S - T)/S] × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The type of layout used for manufacturing steam turbines, is Fixed position layout Any one of these Process layout Product layout Fixed position layout Any one of these Process layout Product layout ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A feasible solution to the linear programming problem should Optimise the objective function Satisfy the non-negativity restrictions Satisfy the problem constraints Satisfy the problem constraints and non-negativity restrictions Optimise the objective function Satisfy the non-negativity restrictions Satisfy the problem constraints Satisfy the problem constraints and non-negativity restrictions ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Production cost refers to prime cost plus Factory and administration overheads Factory overheads Factory, administration and sales overheads Factory, administration, sales overheads and profit Factory and administration overheads Factory overheads Factory, administration and sales overheads Factory, administration, sales overheads and profit ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant Annuity charging method Straight line method ABC charging method Sinking fund method Annuity charging method Straight line method ABC charging method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
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