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Industrial Engineering and Production Management

Industrial Engineering and Production Management
'Value' for value engineering and analysis purposes is defined as

Function/cost
Depreciated value
Saleable value
Purchase value

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Industrial Engineering and Production Management
If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by

AP/C
√(2AP/C)
2AP/C
(AP/C)²

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Industrial Engineering and Production Management
Which of the following layouts is suited to job production?

Product layout
Plant layout
Process layout
Fixed position layout

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Industrial Engineering and Production Management
TMU in method time measurement stands for

Time measurement unit
Technique measurement unit
Time movement unit
Time motion unit

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Industrial Engineering and Production Management
Percent idle time for men or machines is found by

Method study
Work sampling
Time study
Work study

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Industrial Engineering and Production Management
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker

On the percentage of time worked
On the percentage of time saved
On the percentage of standard time
Whose output exceeds 67% efficiency

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