Industrial Engineering and Production Management Which of the following conditions are necessary for applying linear programming? The decision variables should be interrelated and nonnegative. These must be a well defined objective function. The resources must be in limited supply. All of these The decision variables should be interrelated and nonnegative. These must be a well defined objective function. The resources must be in limited supply. All of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Direct expenses include None of these Factory expenses Administrative expenses Selling expenses None of these Factory expenses Administrative expenses Selling expenses ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis shows profit when 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 Sales revenue < total cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management According to Rowan plan of wage incentive system, bonus is paid to a worker Whose output exceeds 67% efficiency On the percentage of standard time On the percentage of time saved On the percentage of time worked Whose output exceeds 67% efficiency On the percentage of standard time On the percentage of time saved On the percentage of time worked ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In a line organization Quick decisions are taken Discipline is strong All of these Responsibility of each individual is fixed Quick decisions are taken Discipline is strong All of these Responsibility of each individual is fixed ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Graphical method, simplex method, and transportation method are concerned with Value analysis Linear programming Queueing theory Break-even analysis Value analysis Linear programming Queueing theory Break-even analysis ANSWER DOWNLOAD EXAMIANS APP
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