Industrial Engineering and Production Management The production cost per unit can be reduced by Eliminating idle time Producing more with the same inputs Producing more with increased inputs Minimizing resource waste Eliminating idle time Producing more with the same inputs Producing more with increased inputs Minimizing resource waste ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following organizations is best suited for steel plants Line organization Staff organization Line, staff and functional organizations Functional organization Line organization Staff organization Line, staff and functional organizations Functional organization ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Replacement studies are made on the following basis Annual cost method Total life average method Any one of the above Rate of return method Annual cost method Total life average method Any one of the above Rate of return method ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as Flow chart Break-even chart Gantt chart PERT chart Flow chart Break-even chart Gantt chart PERT chart ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Service time in queuing theory is usually assumed to follow Exponential law Normal distribution Poisson’s distribution Erlang distribution Exponential law Normal distribution Poisson’s distribution Erlang distribution ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management According to MAPI formula, the old machine should be replaced by new one when (Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum) CAM = DAM CAM > DAM There is no such criterion CAM < DAM CAM = DAM CAM > DAM There is no such criterion CAM < DAM ANSWER DOWNLOAD EXAMIANS APP