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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Merit Rating is the method of determining worth of

A job
Machine
A particular division in workshop
An individual employee

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Industrial Engineering and Production Management
For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be

500
1000
300
460

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Industrial Engineering and Production Management
A low unit cost can be obtained by following

Product layout
Functional layout
Automatic material handling equipment
Specialization of operation

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

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

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Industrial Engineering and Production Management
Graphical method, simplex method, and transportation method are concerned with

Linear programming
Value analysis
Break-even analysis
Queueing theory

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Industrial Engineering and Production Management
Direct expenses include

Selling expenses
Administrative expenses
None of these
Factory expenses

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