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Industrial Engineering and Production Management

Industrial Engineering and Production Management
In the cost structure of a product, the selling price is determined by the factors such as

Lowest competitive price
All of these
Sales turn over
Various elements of the cost

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Industrial Engineering and Production Management
The difference between the time available to do the job and the time required to do the job, is known as

Constraint
Float
Event
Duration

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Industrial Engineering and Production Management
Monte Carlo solutions in queuing theory are extremely useful in queuing problems

Involving multistage queuing
To verify mathematical results
That can't be analysed mathematically
All of the these

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Industrial Engineering and Production Management
The interchangeability can be achieved by

Better process planning
Standardization
Better product planning
Bonus plan

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Industrial Engineering and Production Management
The two bin system is concerned with

Despatching and expediting
Production planning
Ordering procedure
Forecasting sales

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Industrial Engineering and Production Management
Breakeven analysis is a

Any one of these
Short term analysis
Average of short and long term analysis
Long term analysis

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