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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Which of the following organizations is best suited for steel plants

Staff organization
Line organization
Line, staff and functional organizations
Functional organization

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Industrial Engineering and Production Management
'Value' for value engineering and analysis purposes is defined as

Function/cost
Depreciated value
Saleable value
Purchase value

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Industrial Engineering and Production Management
Graphical method, simplex method, and transportation method are concerned with

Break-even analysis
Value analysis
Linear programming
Queueing theory

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Industrial Engineering and Production Management
Work sampling observations are taken on the basis of

Table of random numbers
Convenience
Detailed calculations
Past experience

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Industrial Engineering and Production Management
Break-even analysis shows profit when

Sales revenue = total cost
Sales revenue < total cost
Variable cost < fixed cost
Sales revenue > total cost

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Industrial Engineering and Production Management
Break-even analysis can be used for

Long run analysis
Short run analysis
There is no such criterion
Average of above two run analysis

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