Mechanical Engineering - Industrial Engineering and Production Management
Exercise :: Industrial Engineering and Production Management - Section 1
| 46. |
Queuing theory is associated with |
| A. |
inventory | | B. |
sales | | C. |
waiting time | | D. |
production time |
Answer: Option C
Explanation:
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| 47. |
PERT requires |
| A. |
single time estimate | | B. |
double time estimate | | C. |
triple time estimate | | D. |
none of these |
Answer: Option C
Explanation:
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| 48. |
Which of the following statement is correct? |
| A. |
A-B-C analysis is based on Pareto's principle. | | B. |
Simulation can be used for inventory control. | | C. |
Economic order quantity formula ignores variations in demand pattern | | D. |
all of the above |
Answer: Option A
Explanation:
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| 49. |
The product layout is more amenable to automation than process layout. |
Answer: Option A
Explanation:
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| 50. |
In break even analysis, total cost consists of |
| A. |
fixed cost + sales revenue | | B. |
variable cost + sales revenue | | C. |
fixed cost + variable cost | | D. |
fixed cost + variable cost + profit |
Answer: Option C
Explanation:
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