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Mechanical Engineering - Industrial Engineering and Production Management

Exercise : Industrial Engineering and Production Management - Section 3
21.
Monte Carlo solution in queuing theory is extremely useful in queuing problems that can not be analysed mathematically.
Agree
Disagree
Answer: Option
Explanation:
No answer description is available. Let's discuss.
22.
A-B-C analysis
is a basic technique of materials management
is meant for relative inventory control
does not depend upon the unit cost of the item but on its annual consumption
all of the above
Answer: Option
Explanation:
No answer description is available. Let's discuss.
23.
The process capability of a machine is defined as the capability of the machine to
produce a definite volume of work per minute
perform definite number of operations
produce job at a definite spectrum of speed
hold a definite spectrum of tolerance and surface finish
Answer: Option
Explanation:
No answer description is available. Let's discuss.
24.
Service time in queuing theory is usually assumed to follow
normal distribution
Poissons distribution
Erlang distribution
exponential law
Answer: Option
Explanation:
No answer description is available. Let's discuss.
25.
At the break even point,
total cost is more than the sales revenue
total cost is less than the sales revenue
total cost is equal to sales revenue
fixed cost is equal to variable cost
Answer: Option
Explanation:
No answer description is available. Let's discuss.
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