Industrial Engineering and Production Management According to MAPI formula, the old machine should be replaced by new one when (Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum) CAM > DAM CAM < DAM There is no such criterion CAM = DAM CAM > DAM CAM < DAM There is no such criterion CAM = DAM ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Inventory control in production, planning and control aims at Ensuring against market fluctuations Acceptable customer service at low capital investment in inventory Discounts allowed in bulk purchase Achieving optimization Ensuring against market fluctuations Acceptable customer service at low capital investment in inventory Discounts allowed in bulk purchase Achieving optimization ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The unit cost in case of batch production is __________as compared to jobbing production. High Low None of these Same High Low None of these Same ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time by which the activity completion time can be delayed without affecting the start of succeeding activities, is known as Total float Duration Free float Interfering float Total float Duration Free float Interfering float ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The factors which are to be considered while developing a good wage incentive plan will include All of the listed here Guaranteed basic pay Ease of administration Adequate incentive All of the listed here Guaranteed basic pay Ease of administration Adequate incentive ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Queueing theory deals with problems of Effective use of machines Material handling Reducing the waiting time or idle time Better utilization of man services Effective use of machines Material handling Reducing the waiting time or idle time Better utilization of man services ANSWER DOWNLOAD EXAMIANS APP