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Industrial Engineering and Production Management

Industrial Engineering and Production Management
A company spends considerable amount on publicity to promote sales. This expenditure in break even chart is shown below the

Fixed cost line
Variable cost line
Total cost line
Sales revenue line

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Industrial Engineering and Production Management
The main object of scientific layout is

To produce better quality of product
To minimize production delays
To utilize maximum floor area
All of these

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Industrial Engineering and Production Management
The break-even point represents

The most economical level of operation of any industry
The time when company can make maximum profits
Time when industry will undergo loss
The time when unit can run without any loss and profit

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Industrial Engineering and Production Management
The start or completion of task is called

An event
A duration
An activity
None of these

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Industrial Engineering and Production Management
In the Halsey 50-50 plan, the following are rewarded more

All of the these
Past poor workers
Past good workers
Past average workers

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Industrial Engineering and Production Management
The salient feature of functional organisation is

Each individual maintains functional efficiency
Separation of planning and design part
All of these
Strict adherence to specification

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