Industrial Engineering and Production Management If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by AP/C 2AP/C (AP/C)² √(2AP/C) AP/C 2AP/C (AP/C)² √(2AP/C) ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Work study involves Only method study Method study and work measurement Only work measurement Only motion study Only method study Method study and work measurement Only work measurement Only motion study ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Linear programming can be applied successfully to Banks Chemical industry All of these Oil industry Banks Chemical industry All of these Oil industry ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Production cost refers to prime cost plus Factory overheads Factory, administration and sales overheads Factory and administration overheads Factory, administration, sales overheads and profit Factory overheads Factory, administration and sales overheads Factory and administration overheads Factory, administration, sales overheads and profit ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In queuing theory, the nature of the waiting situation can be studied and analysed mathematically if The laws governing arrivals, service times, and the order in which the arriving units are taken into source are known Arrival and waiting times are known and can be grouped to form a waiting line model All variables and constants are known and form a linear equation Complete details of items in, waiting line are known The laws governing arrivals, service times, and the order in which the arriving units are taken into source are known Arrival and waiting times are known and can be grouped to form a waiting line model All variables and constants are known and form a linear equation Complete details of items in, waiting line are known ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Critical path moves along the activities having total float of Negative value Same value Zero value Positive value Negative value Same value Zero value Positive value ANSWER DOWNLOAD EXAMIANS APP