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Industrial Engineering and Production Management

Industrial Engineering and Production Management
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

PERT chart
Flow chart
Break-even chart
Gantt chart

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Industrial Engineering and Production Management
In CPM, the cost slope is determined by

Normal Cost/Crash cost
(Normal cost - Crash cost)/ (Normal time - Crash time)
Crash cost/Normal Cost
(Crash Cost - Normal cost)/ (Normal time - Crash time)

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Industrial Engineering and Production Management
If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by

(AP/C)²
AP/C
√(2AP/C)
2AP/C

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Industrial Engineering and Production Management
Which of the following plans motivates supervisors by paying a premium on time saved by workers?

Halsey plan
Haynes plan
Rowan plan
Emerson's plan

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Industrial Engineering and Production Management
Gantt chart is used for

Material handling
Inventory control
Machine repair schedules
Production schedule

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Industrial Engineering and Production Management
What does symbol 'D' imply in work study?

Permanent storage
Transport
Delay/temporary storage
Inspection

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