Industrial Engineering and Production Management
Production cost refers to prime cost plus

Factory and administration overheads
Factory, administration and sales overheads
Factory overheads
Factory, administration, sales overheads and profit

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Industrial Engineering and Production Management
Pick up the incorrect statement from the following. A critical ratio scheduling

Establishes the relative priorities among various activities on a common basis
All of the these
Adjusts automatically changes in activity progress
Determines the status of each activity

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Industrial Engineering and Production Management
Travel charts provide

A compact estimate of the handling which must be done between various work sections
The information for changes required in rearranging material handling equipment
An idea of the flow of materials at various stages
An approximate estimate of the handling which must be done at a particular station

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