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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Direct expenses include

None of these
Selling expenses
Factory expenses
Administrative expenses

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Industrial Engineering and Production Management
Break-even point is the point where

Variable and total cost lines intersect
Fixed and variable cost lines intersect
Sales revenue and total expensive lines intersect
Fixed and total cost lines intersect

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Industrial Engineering and Production Management
Father of time study was

F.B. Gilbert
H.L. Gantt
R.M. Barnes
F.W. Taylor

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Industrial Engineering and Production Management
Standard time is defined as

Normal time + idle time + allowances
Normal time + allowances
Normal time + idle time
Only normal time for an operation

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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
There is no such criterion
CAM = DAM
CAM < DAM

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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

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