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Industrial Engineering and Production Management

Industrial Engineering and Production Management
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to

(F × V)/P
F/[1 - (V/P)]
(F × P)/V
F/[1 + (V/P)]

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Industrial Engineering and Production Management
Routing prescribes the

Flow of material in the plant
Inspection of final product
Proper utilization of man power
Proper utilization of machines

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Industrial Engineering and Production Management
Work study comprises following main techniques

Time study and work measurement
Method study and time study
Method study and work measurement
Method study and job evaluation

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Industrial Engineering and Production Management
Works cost implies

Primary cost
Primary cost + factory expenses
Factory cost
Factory expenses

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Industrial Engineering and Production Management
In which of the following layouts, the lines need to the balanced

Process layout
Fixed position layout
Product layout
Plant layout

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Industrial Engineering and Production Management
If TL is the largest allowable event occurrence time, total activity slack (s) is equal to

TLEFT
Latest finish time earliest finish time (EFT)
Latest start time earliest start time
All of these

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