INDUSTRIAL ENGINEERING AND PRODUCTION MANAGEMENT

To produce best results under given constraints

Optimum utilization of men, machines and materials

Lowest possible cost and shortest possible time for project

Timely execution of project

Determine overhead expenses

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 the number of machines a person may run

Provide a basis for setting piece price or incentive wages

Determine standard costs

All of the these

M.T.S. (Basic Motion Time Study)

M.T.M. (Method Time Measurement)

W.F.S. (Work Factor Systems)

All of these

MTM (method time measurement)

WFS (work factor systems)

BNTS (basic motion time study)

All of these