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Industrial Engineering and Production Management

Industrial Engineering and Production Management
According to MAPI formula, the old machine should be replaced by new one when (Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum)

CAM > DAM
CAM < DAM
CAM = DAM
There is no such criterion

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Industrial Engineering and Production Management
The aim of value engineering is to

Minimize the cost without change in quality of the product
Find the depreciation value of a machine
Determine the selling price of a product
All of these

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Industrial Engineering and Production Management
In time study, the rating factor is applied to determine

Fixation of incentive rate
Standard time of a job
Normal time of a worker
Merit rating of the worker

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Industrial Engineering and Production Management
Choose the wrong statement Time study is used to

Provide a basis for setting piece prices or incentive wages
Determine the capability of an operator to handle the number of machines
Determine standard costs
Determine overhead expenses

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Industrial Engineering and Production Management
Which one of the following represents a group incentive plan?

Scanlon Plan
Rowan Plan
Halsey Premium Plan
Taylor Differential Piece Rate System

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Industrial Engineering and Production Management
Which of the following charts are used for plant layout design?

Travel chart
Man machine chart
Operation process chart
All of these

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