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Industrial Engineering and Production Management

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

Fixed position layout
Plant layout
Product layout
Process layout

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Industrial Engineering and Production Management
The most important objective behind plant layout is

To provide conveniently located shops
Maximum travel time in plant
Economy in space
Overall simplification, safety of integration

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Industrial Engineering and Production Management
Inventory control in production, planning and control aims at

Achieving optimization
Discounts allowed in bulk purchase
Ensuring against market fluctuations
Acceptable customer service at low capital investment in inventory

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Industrial Engineering and Production Management
Break-even analysis consists of

Fixed cost
Fixed and variable costs
Variable cost
Operation costs

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Industrial Engineering and Production Management
A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is

0.84
0.95
0.66
0.5

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Industrial Engineering and Production Management
In fixed position layout

All of these
Material movement is less
Capital investment is minimum
Total production cost is less

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