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 √(2AP/C) (AP/C)² AP/C 2AP/C √(2AP/C) (AP/C)² AP/C 2AP/C ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The appellate authority for an industrial dispute is Management High court/supreme court Board of directors Labour court Management High court/supreme court Board of directors Labour court ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Time study is carried out to determine the time required to complete job by A fast worker A slow worker An apprentice An average worker A fast worker A slow worker An apprentice An average worker ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Value engineering aims at finding out the Break-even point when machine requires change Resale value of a product Depreciation value of a product Major function of the item and accomplishing the same at least cost without change in quality Break-even point when machine requires change Resale value of a product Depreciation value of a product Major function of the item and accomplishing the same at least cost without change in quality ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A-B-C analysis Is meant for relative inventory control Does not depend upon the unit cost of the item but on its annual consumption Is a basic technique of materials management All of the these Is meant for relative inventory control Does not depend upon the unit cost of the item but on its annual consumption Is a basic technique of materials management All of the these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of Product layout Process layout A combination of line and process layout Fixed position layout Product layout Process layout A combination of line and process layout Fixed position layout ANSWER DOWNLOAD EXAMIANS APP