Industrial Engineering and Production Management For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be 1000 500 460 300 1000 500 460 300 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In break even analysis, total cost consists of Variable cost + sales revenue Fixed cost + variable cost Fixed cost + variable cost + profit Variable cost + sales revenue Fixed cost + variable cost Fixed cost + variable cost + profit ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Halsey plan of wage incentive Is based upon efficiency of worker Is applied to all level of workers Does not guarantee minimum wage Is not applied to all level of workers Is based upon efficiency of worker Is applied to all level of workers Does not guarantee minimum wage Is not applied to all level of workers ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to (F × V)/P F/[1 - (V/P)] F/[1 + (V/P)] (F × P)/V (F × V)/P F/[1 - (V/P)] F/[1 + (V/P)] (F × P)/V ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management PERT analysis is based upon Optimistic time Most likely time All of these Pessimistic time Optimistic time Most likely time All of these Pessimistic time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Monte Carlo solutions in queuing theory are extremely useful in queuing problems That can't be analysed mathematically To verify mathematical results Involving multistage queuing All of the these That can't be analysed mathematically To verify mathematical results Involving multistage queuing All of the these ANSWER DOWNLOAD EXAMIANS APP