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 CAM = DAM There is no such criterion CAM > DAM CAM < DAM CAM = DAM There is no such criterion ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The aim of value engineering is to Minimize the cost without change in quality of the product Find the depreciation value of a machine Determine the selling price of a product All of these Minimize the cost without change in quality of the product Find the depreciation value of a machine Determine the selling price of a product All of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In time study, the rating factor is applied to determine Fixation of incentive rate Standard time of a job Normal time of a worker Merit rating of the worker Fixation of incentive rate Standard time of a job Normal time of a worker Merit rating of the worker ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Choose the wrong statement Time study is used to Provide a basis for setting piece prices or incentive wages Determine the capability of an operator to handle the number of machines Determine standard costs Determine overhead expenses Provide a basis for setting piece prices or incentive wages Determine the capability of an operator to handle the number of machines Determine standard costs Determine overhead expenses ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which one of the following represents a group incentive plan? Scanlon Plan Rowan Plan Halsey Premium Plan Taylor Differential Piece Rate System Scanlon Plan Rowan Plan Halsey Premium Plan Taylor Differential Piece Rate System ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following charts are used for plant layout design? Travel chart Man machine chart Operation process chart All of these Travel chart Man machine chart Operation process chart All of these ANSWER DOWNLOAD EXAMIANS APP