Industrial Engineering and Production Management Value engineering aims at finding out the Depreciation value of a product Resale value of a product Major function of the item and accomplishing the same at least cost without change in quality Break-even point when machine requires change Depreciation value of a product Resale value of a product Major function of the item and accomplishing the same at least cost without change in quality Break-even point when machine requires change ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The performance of a specific task in CPM is known as Dummy Event Contract Activity Dummy Event Contract Activity ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Critical path on PERT/CPM chart is obtained by joining the events having Minimum slack Average slack No slack Maximum slack Minimum slack Average slack No slack Maximum slack ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management When slack of an activity is positive Any one of the above It represents that a programme falls behind schedule and additional resources are required to complete the project in time The activity is critical and any delay in its performance will delay the completion of whole project It represents a situation where extra resources are available and the completion of project is not delayed Any one of the above It represents that a programme falls behind schedule and additional resources are required to complete the project in time The activity is critical and any delay in its performance will delay the completion of whole project It represents a situation where extra resources are available and the completion of project is not delayed ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Pick up the incorrect statement about advantages of work sampling 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 Simultaneous study of many operators may be made by a single observer Calculations are easier, method is economical and less time consuming ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Inventory control in production, planning and control aims at Ensuring against market fluctuations Discounts allowed in bulk purchase Acceptable customer service at low capital investment in inventory Achieving optimization Ensuring against market fluctuations Discounts allowed in bulk purchase Acceptable customer service at low capital investment in inventory Achieving optimization ANSWER DOWNLOAD EXAMIANS APP
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