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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Performance rating is equal to

Observed performance × normal performance
None of these
Observed performance + normal performance
Observed performance - normal performance

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Industrial Engineering and Production Management
In the Halsey system of wage incentive plan, a worker is

Not paid any bonus till his efficiency
Never a loser
Paid as per efficiency
Ensured of minimum wages

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Industrial Engineering and Production Management
Replacement studies are made on the following basis

Annual cost method
Any one of the above
Rate of return method
Total life average method

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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

460
500
300
1000

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Industrial Engineering and Production Management
A device used for lifting or lowering objects suspended from a hook at the end of retractable chains or cable is called

Jib crane
Hoist
Portable elevator
Chain conveyor

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Industrial Engineering and Production Management
A diagram showing the path followed by men and materials while performing a task is known as

Flow process chart
Flow diagram
String diagram
Travel chart

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