Industrial Engineering and Production Management The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time) (to + tp + 4tn)/6 (to + tp + tn)/3 (to + 2tp + tn)/4 (to + 4tp + tn)/5 (to + tp + 4tn)/6 (to + tp + tn)/3 (to + 2tp + tn)/4 (to + 4tp + tn)/5 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be TR + (S - T) × R TR + [(S - T)/2] × R TR + [(S - T)/S] × R TR TR + (S - T) × R TR + [(S - T)/2] × R TR + [(S - T)/S] × R TR ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The interchangeability can be achieved by Better process planning Better product planning Bonus plan Standardization Better process planning Better product planning Bonus plan Standardization ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store Primary cost method Inflated system Current value method Fixed price method Primary cost method Inflated system Current value method Fixed price method ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the incorrect statement about advantages of work sampling Simultaneous study of many operators may be made by a single observer Calculations are easier, method is economical and less time consuming No time measuring devices are generally needed Permits a fine breakdown of activities and delays Simultaneous study of many operators may be made by a single observer Calculations are easier, method is economical and less time consuming No time measuring devices are generally needed Permits a fine breakdown of activities and delays ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Critical path moves along the activities having total float of Same value Negative value Zero value Positive value Same value Negative value Zero value Positive value ANSWER DOWNLOAD EXAMIANS APP
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