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Industrial Engineering and Production Management

Industrial Engineering and Production Management
In break even analysis, total cost consists of

Fixed cost + variable cost + profit
Fixed cost + variable cost
Variable cost + sales revenue

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Industrial Engineering and Production Management
The objective of time study is to determine the time required to complete a job by

Average worker
Fast worker
New entrant
Slow worker

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Industrial Engineering and Production Management
Pick up the correct statement about relationship between various floats

Independent float < free float
Free float = total float
Independent float > free float
Independent float = total float

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Industrial Engineering and Production Management
Bar chart is suitable for

Large project
All of these
Major work
Minor work

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Industrial Engineering and Production Management
Breakeven analysis is a

Any one of these
Average of short and long term analysis
Short term analysis
Long term analysis

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Industrial Engineering and Production Management
The factors which are to be considered while developing a good wage incentive plan will include

Adequate incentive
Guaranteed basic pay
Ease of administration
All of the listed here

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