Industrial Engineering and Production Management A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as Gantt chart PERT chart Break-even chart Flow chart Gantt chart PERT chart Break-even chart Flow chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The process layout is best suited where Specialization exists Machines are arranged according to sequence of operation Mass production is envisaged Few number of non-standardized units is to be produced Specialization exists Machines are arranged according to sequence of operation Mass production is envisaged Few number of non-standardized units is to be produced ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT stands for Program Estimation and Reporting Technique Program Evaluation and Review Technique Process Estimation and Review Technique Planning Estimation and Resulting Technique Program Estimation and Reporting Technique Program Evaluation and Review Technique Process Estimation and Review Technique Planning Estimation and Resulting Technique ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is 0.95 0.84 0.66 0.5 0.95 0.84 0.66 0.5 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The most suitable incentive plan for the maintenance section of an industry will be Simplification Piece rate system Profit sharing plans Group incentive plan Simplification Piece rate system Profit sharing plans Group incentive plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If TL is the largest allowable event occurrence time, total activity slack (s) is equal to TLEFT All of these Latest start time earliest start time Latest finish time earliest finish time (EFT) TLEFT All of these Latest start time earliest start time Latest finish time earliest finish time (EFT) ANSWER DOWNLOAD EXAMIANS APP
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