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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The bonus increases in proportion to the increase in efficiency. This statement applies to

Gantt plan
Halsey plan
Rowan plan
Emerson's efficiency plan

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Industrial Engineering and Production Management
An optimum project schedule implies

Timely execution of project
Lowest possible cost and shortest possible time for project
Optimum utilization of men, machines and materials
To produce best results under given constraints

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Industrial Engineering and Production Management
A-B-C analysis

Does not depend upon the unit cost of the item but on its annual consumption
Is a basic technique of materials management
All of the these
Is meant for relative inventory control

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Industrial Engineering and Production Management
In break even analysis, total cost consists of

Fixed cost + variable cost + profit
Fixed cost + variable cost
Variable cost + sales revenue

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Industrial Engineering and Production Management
Work study is concerned with

Improving present method and finding standard time
Motivation of workers
Improving production capability
Improving production planning and control

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Industrial Engineering and Production Management
Work study involves

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

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