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 (AP/C)² 2AP/C √(2AP/C) AP/C (AP/C)² 2AP/C √(2AP/C) ANSWER DOWNLOAD EXAMIANS APP
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 460 300 500 1000 460 300 500 1000 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Critical path on PERT/CPM chart is obtained by joining the events having Maximum slack Minimum slack Average slack No slack Maximum slack Minimum slack Average slack No slack ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A dummy activity in a net work diagram Is represented by a dotted line Is an artificial activity Does not consume time or resources All of these Is represented by a dotted line Is an artificial activity Does not consume time or resources All of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be TR + [(S - T)/2] × R TR + [(S - T)/S] × R TR TR + (S - T) × R TR + [(S - T)/2] × R TR + [(S - T)/S] × R TR TR + (S - T) × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management According to Rowan plan of wage incentive system, bonus is paid to a worker Whose output exceeds 67% efficiency On the percentage of time saved On the percentage of standard time On the percentage of time worked Whose output exceeds 67% efficiency On the percentage of time saved On the percentage of standard time On the percentage of time worked ANSWER DOWNLOAD EXAMIANS APP
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