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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The time which results in the least possible direct cost of an activity is known as

Standard time
Crash time
Normal time
Slow time

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Industrial Engineering and Production Management
Choose the wrong statement Time study is used to

Provide a basis for setting piece prices or incentive wages
Determine overhead expenses
Determine the capability of an operator to handle the number of machines
Determine standard costs

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Industrial Engineering and Production Management
The term 'value' in value engineering refers to

Utility of the product
Total cost of the product
Manufactured cost of the product
Selling price of the product

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Industrial Engineering and Production Management
F. W. Taylor introduced a system of organisation known as

Functional organisation
Line organisation
Line and staff organisation
Line, staff and functional organisation

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Industrial Engineering and Production Management
Bar chart is suitable for

Major work
Minor work
All of these
Large project

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Industrial Engineering and Production Management
Works cost implies

Factory cost
Primary cost
Factory expenses
Primary cost + factory expenses

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