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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The production cost per unit can be reduced by

Eliminating idle time
Producing more with the same inputs
Producing more with increased inputs
Minimizing resource waste

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Industrial Engineering and Production Management
Which of the following organizations is best suited for steel plants

Line organization
Staff organization
Line, staff and functional organizations
Functional organization

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

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

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Industrial Engineering and Production Management
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

Flow chart
Break-even chart
Gantt chart
PERT chart

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Industrial Engineering and Production Management
Service time in queuing theory is usually assumed to follow

Exponential law
Normal distribution
Poisson’s distribution
Erlang distribution

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Industrial Engineering and Production Management
According to MAPI formula, the old machine should be replaced by new one when
(Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum)

CAM = DAM
CAM > DAM
There is no such criterion
CAM < DAM

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