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 × V)/P F/[1 + (V/P)] (F × P)/V F/[1 - (V/P)] (F × V)/P F/[1 + (V/P)] (F × P)/V ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The probability distribution of project completion in PERT follows following distribution Gaussian Binomial Exponential Normal Gaussian Binomial Exponential Normal ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The unit cost in case of batch production is __________as compared to jobbing production. Same Low High None of these Same Low High None of these ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The most important objective behind plant layout is Maximum travel time in plant Economy in space To provide conveniently located shops Overall simplification, safety of integration Maximum travel time in plant Economy in space To provide conveniently located shops Overall simplification, safety of integration ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Standard time is defined as Only normal time for an operation Normal time + idle time + allowances Normal time + idle time Normal time + allowances Only normal time for an operation Normal time + idle time + allowances Normal time + idle time Normal time + allowances ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In order that linear programming techniques provide valid results Either (A) or (B) Relations between factors must be linear (positive) Only one factor should change at a time, others remaining constant Relations between factors must be linear (negative) Either (A) or (B) Relations between factors must be linear (positive) Only one factor should change at a time, others remaining constant Relations between factors must be linear (negative) ANSWER DOWNLOAD EXAMIANS APP