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Industrial Engineering and Production Management

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 × P)/V
F/[1 + (V/P)]
(F × V)/P
F/[1 - (V/P)]

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Industrial Engineering and Production Management
Break-even analysis shows profit when

Sales revenue > total cost
Sales revenue = total cost
Sales revenue < total cost
Variable cost < fixed cost

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Industrial Engineering and Production Management
What does symbol 'O' imply in work study?

Operation
Transport
Inspection
Delay/temporary storage

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Industrial Engineering and Production Management
Motion study involves analysis of

Tooling and equipment
All of these
Actions of operator
Layout of work place

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Industrial Engineering and Production Management
The time of completing a project in network analysis is given by following time of the critical activity meeting at the final triode

Late finish
Early start
Early finish
Late start

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Industrial Engineering and Production Management
PERT has following time estimate

One time estimate
Three time estimate
Four time estimate
Two time estimate

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