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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The factors which are to be considered while developing a good wage incentive plan will include

All of the listed here
Adequate incentive
Ease of administration
Guaranteed basic pay

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Industrial Engineering and Production Management
Micro-motion study involves following number of fundamental hand motions

16
8
12
20

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Industrial Engineering and Production Management
In which of the following layouts, the lines need to the balanced

Product layout
Fixed position layout
Process layout
Plant layout

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Industrial Engineering and Production Management
Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is

100
50
25
75

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Industrial Engineering and Production Management
The most important function of inventory control is

Technical responsibility for the state of materials
Stock control system
To run the stores effectively
All of these

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Industrial Engineering and Production Management
One of the basic essentials of an incentive plan is that

All standards should be based on time studies
A differential piece rate system should exist
Minimum wages should be guaranteed
Provide incentive to group efficiency performance

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