Industrial Engineering and Production Management Works cost implies Primary cost + factory expenses Factory cost Primary cost Factory expenses Primary cost + factory expenses Factory cost Primary cost Factory expenses ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Actual performance of a task is called A duration None of these An event An activity A duration None of these An event An activity ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time) (to + tp + tn)/3 (to + 2tp + tn)/4 (to + tp + 4tn)/6 (to + 4tp + tn)/5 (to + tp + tn)/3 (to + 2tp + tn)/4 (to + tp + 4tn)/6 (to + 4tp + tn)/5 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that Provide incentive to group efficiency performance All standards should be based on time studies A differential piece rate system should exist Minimum wages should be guaranteed Provide incentive to group efficiency performance All standards should be based on time studies A differential piece rate system should exist Minimum wages should be guaranteed ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management At the break-even point, Total cost is less than the sales revenue Total cost is more than the sales revenue Fixed cost is equal to variable cost Total cost is equal to sales revenue Total cost is less than the sales revenue Total cost is more than the sales revenue Fixed cost is equal to variable cost Total cost is equal to sales revenue ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The mathematical technique for finding the best use of limited resources in an optimum manner is known as Operation research Network analysis Break-even analysis Linear programming Operation research Network analysis Break-even analysis Linear programming ANSWER DOWNLOAD EXAMIANS APP