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 Work study involves Only method study Only motion study Method study and work measurement Only work measurement Only method study Only motion study Method study and work measurement Only work measurement ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the incorrect statement about advantages of work sampling No time measuring devices are generally needed Calculations are easier, method is economical and less time consuming Simultaneous study of many operators may be made by a single observer Permits a fine breakdown of activities and delays No time measuring devices are generally needed Calculations are easier, method is economical and less time consuming Simultaneous study of many operators may be made by a single observer Permits a fine breakdown of activities and delays ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following incentive plans ensures a part of the swing to the worker and rest to the employer? Gilbert plan Halsey premium plan Emerson efficiency plan Taylor plan Gilbert plan Halsey premium plan Emerson efficiency plan Taylor plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Activity slack or float of any event on a PERT/CPM chart is represented by Latest start time of succeeding event earliest finish time of preceding event activity time Latest start time of the event earliest start time of the event Latest finish time of event earliest finish time of the event Anyone of the above Latest start time of succeeding event earliest finish time of preceding event activity time Latest start time of the event earliest start time of the event Latest finish time of event earliest finish time of the event Anyone of the above ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The value engineering technique in which experts of the same rank assemble for product development is called Brain storming Delphi Direct expert comparison Morphological analysis Brain storming Delphi Direct expert comparison Morphological analysis ANSWER DOWNLOAD EXAMIANS APP
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