Replacement studies are made on the following basis:
Annual cost method
Rate of return method
Total life average method
Any one of the above
Also checkout these categories
Electrical Circuits MCQ Basics of Economics MCQ Auto CAD 2D MCQ p-Block Element MCQ Clause Analysis MCQ Industrial Engineering & Production Management Test MCQ Rearrangement Set 5 MCQ Digestive System MCQ Problems on Trains MCQ Root Problem MCQ Rearrangement Set 2 MCQ Chemical Engineering Thermodynamics MCQ
- The aim of value engineering is to
- Time study is carried out to determine the time required to complete job by
- Earliest finish time can be regarded as
- Actual performance of a task is called
- In PERT analysis, critical path is obtained by joining events having
- Product layout is best suited where
- If F is the fixed cost, V is the variable cost per unit (or total variable costs) and P is the selling…
- Expediting function consists in keeping a watch on
- At the breakeven point,
- The mathematical technique for finding the best use of limited resources in an optimum manner is known…
- Product layout is employed for
- Which of the following statement is correct?
- Motion study involves analysis of
- Which of the following are the principles of material handling?
- Current assets include
- In jobbing production
- Scheduling gives information about
- A CPM family includes
- PERT and CPM are
- The two bin system is concerned with
- If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can…
- Service time in queuing theory is usually assumed to follow
- In the perpetual inventory control, the material is checked when it reaches its
- The process layout is best suited where
- The essential condition for the decompression of an activity is that
- Critical Path Net Work helps an engineer
- 'Value' for value engineering and analysis purposes is defined as
- If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual…
- Time study is used to
- Which of the following type of layout is suitable for automobile manufacturing concern?