Industrial Engineering and Production Management The term 'value' in value engineering refers to Selling price of the product Utility of the product Manufactured cost of the product Total cost of the product Selling price of the product Utility of the product Manufactured cost of the product Total cost of the product ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant Straight line method Annuity charging method ABC charging method Sinking fund method Straight line method Annuity charging method ABC charging method Sinking fund method ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management An optimum project schedule implies To produce best results under given constraints Timely execution of project Lowest possible cost and shortest possible time for project Optimum utilization of men, machines and materials To produce best results under given constraints Timely execution of project Lowest possible cost and shortest possible time for project Optimum utilization of men, machines and materials ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Choose the wrong statement Time study is used to Determine standard costs Provide a basis for setting piece prices or incentive wages Determine overhead expenses Determine the capability of an operator to handle the number of machines Determine standard costs Provide a basis for setting piece prices or incentive wages Determine overhead expenses Determine the capability of an operator to handle the number of machines ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Work sampling is applied for Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible All of these Estimation of the percentage utilization of machine tools Estimating the percentage of the time consumed by various job activities Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible All of these Estimation of the percentage utilization of machine tools Estimating the percentage of the time consumed by various job activities ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be 500 300 460 1000 500 300 460 1000 ANSWER DOWNLOAD EXAMIANS APP