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Industrial Engineering and Production Management

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

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

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Industrial Engineering and Production Management
Work study involves

Method study and work measurement
Only motion study
Only work measurement
Only method study

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Industrial Engineering and Production Management
Acceptance sampling is used in

Job production
Batch production
Mass production
All of these

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Industrial Engineering and Production Management
In value engineering, important consideration is given to

Customer satisfaction
Cost reduction
Profit maximization
Function concept

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Industrial Engineering and Production Management
Which of the following are the principles of material handling?

All of these
Move the heaviest weight to the least distance
Keep all the handling to the minimum
Select only efficient handling equipment

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Industrial Engineering and Production Management
The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time)

(to + 2tp + tn)/4
(to + tp + 4tn)/6
(to + 4tp + tn)/5
(to + tp + tn)/3

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