Mechanical Engineering - Industrial Engineering and Production Management

Exercise : Industrial Engineering and Production Management - Section 1
46.
Queuing theory is associated with
inventory
sales
waiting time
production time
Answer: Option
Explanation:
No answer description is available. Let's discuss.

47.
PERT requires
single time estimate
double time estimate
triple time estimate
none of these
Answer: Option
Explanation:
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48.
Which of the following statement is correct?
A-B-C analysis is based on Pareto's principle.
Simulation can be used for inventory control.
Economic order quantity formula ignores variations in demand pattern
all of the above
Answer: Option
Explanation:
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49.
The product layout is more amenable to automation than process layout.
True
False
Answer: Option
Explanation:
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50.
In break even analysis, total cost consists of
fixed cost + sales revenue
variable cost + sales revenue
fixed cost + variable cost
fixed cost + variable cost + profit
Answer: Option
Explanation:
No answer description is available. Let's discuss.