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/[1 + (V/P)] (F × P)/V (F × V)/P F/[1 - (V/P)] F/[1 + (V/P)] (F × P)/V (F × V)/P F/[1 - (V/P)] ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Merit rating is the method of determining the Relative values of a job Value of overall production Workers performance on a job Worth of a machine Relative values of a job Value of overall production Workers performance on a job Worth of a machine ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches 0.8 0.6667 0.5 0.75 0.8 0.6667 0.5 0.75 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The term 'value' in value engineering refers to Total cost of the product Selling price of the product Manufactured cost of the product Utility of the product Total cost of the product Selling price of the product Manufactured cost of the product Utility of the product ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In crash program for a project cost is no criterion direct costs increase and indirect costs decrease indirect costs increase and direct costs decrease both direct and indirect costs, increase cost is no criterion direct costs increase and indirect costs decrease indirect costs increase and direct costs decrease both direct and indirect costs, increase ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In steel plant the most important system for materials handling is Trucks Locos Conveyors Cranes and hoists Trucks Locos Conveyors Cranes and hoists ANSWER DOWNLOAD EXAMIANS APP