Industrial Engineering and Production Management Works cost implies Factory cost Primary cost + factory expenses Factory expenses Primary cost Factory cost Primary cost + factory expenses Factory expenses Primary cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Time study is The appraisal, in terms of time, of the value of work involving human effort Method of fixing time for workers Machine setting time Time taken by workers to do a job The appraisal, in terms of time, of the value of work involving human effort Method of fixing time for workers Machine setting time Time taken by workers to do a job ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Queuing theory deals with problems of Better utilization of man services Reducing the waiting time or idle time Material handling Effective use of machines Better utilization of man services Reducing the waiting time or idle time Material handling Effective use of machines ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Routing Regulates the progress of job through various processes Determines the programme for the operations Prescribes the sequence of operations to be followed Is concerned with starting of processes Regulates the progress of job through various processes Determines the programme for the operations Prescribes the sequence of operations to be followed Is concerned with starting of processes ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT has following time estimate Three time estimate Four time estimate One time estimate Two time estimate Three time estimate Four time estimate One time estimate Two time estimate ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to F/[1 + (V/P)] (F × P)/V F/[1 - (V/P)] (F × V)/P F/[1 + (V/P)] (F × P)/V F/[1 - (V/P)] (F × V)/P ANSWER DOWNLOAD EXAMIANS APP
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