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Industrial Engineering and Production Management

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

25
50
75
100

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Industrial Engineering and Production Management
The most suitable incentive plan for the maintenance section of an industry will be

Simplification
Group incentive plan
Piece rate system
Profit sharing plans

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Industrial Engineering and Production Management
The standard time for a job is

Total work content
Total work content + delay contingency allowance
Total work content + basic time
Base time + relaxation time

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Industrial Engineering and Production Management
In product layout

All of these
Machines can not be used to their maximum capacity
Specialized and strict supervision is required
Manufacturing cost rises with a fall in the volume of production

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Industrial Engineering and Production Management
Which one of the following chart gives simultaneously information about the progress of work and machine loading?

Machine load chart
Process chart
Gantt chart
Man-machine chart

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Industrial Engineering and Production Management
The aim of value engineering is to

Find the depreciation value of a machine
Minimize the cost without change in quality of the product
Determine the selling price of a product
All of these

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