Industrial Engineering and Production Management Slack of various events on the critical path in PERT/CPM chart Remain constant Increases continuously Decreases continuously May increase or decrease depending on various factors Remain constant Increases continuously Decreases continuously May increase or decrease depending on various factors ANSWER DOWNLOAD EXAMIANS APP
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 √(2AP/C) 2AP/C AP/C (AP/C)² √(2AP/C) 2AP/C AP/C (AP/C)² ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In the perpetual inventory control, the material is checked when it reaches its Maximum value Average value Minimum value Alarming value Maximum value Average value Minimum value Alarming value ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The type of organisation preferred for a steel industry, is Functional organisation Line and staff organisation Line organisation Line, staff and functional organisation Functional organisation Line and staff organisation Line organisation Line, staff and functional organisation ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Value engineering aims at finding out the Resale value of a product Depreciation value of a product Break-even point when machine requires change Major function of the item and accomplishing the same at least cost without change in quality Resale value of a product Depreciation value of a product Break-even point when machine requires change Major function of the item and accomplishing the same at least cost without change in quality ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In fixed position layout Total production cost is less Material movement is less All of these Capital investment is minimum Total production cost is less Material movement is less All of these Capital investment is minimum ANSWER DOWNLOAD EXAMIANS APP