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Industrial Engineering and Production Management

Industrial Engineering and Production Management
A-B-C analysis is used in

All of these
CPM
Inventory control
PERT

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Industrial Engineering and Production Management
The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time)

(to + 4tp + tn)/5
(to + tp + tn)/3
(to + 2tp + tn)/4
(to + tp + 4tn)/6

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Industrial Engineering and Production Management
A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is

0.5
0.66
0.95
0.84

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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

PERT chart
Break-even chart
Flow chart
Gantt chart

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

Product layout
Plant layout
Fixed position layout
Process layout

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Industrial Engineering and Production Management
Gantt charts provide information about

Material handling layout
Production schedule
Break-even point analysis
Determining selling price

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