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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

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

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Industrial Engineering and Production Management
Choose the wrong statement. Motion study is used for

Improvising a work method
Improving a work method
Reducing inventory costs
Designing a work method

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Industrial Engineering and Production Management
CPM requires

Single time estimate
Double time estimate
None of these
Triple time estimate

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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 the capability of an operator to handle the number of machines
Determine overhead expenses
Determine standard costs

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Industrial Engineering and Production Management
Current assets include

Inventories
Manufacturing plant
Common stock held by the firm
Manufacturing plant and equipment

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Industrial Engineering and Production Management
The main objective of work measurement is to

All of these
Estimate the selling prices and delivery dates
Plan and schedule of production
Formulate a proper incentive scheme

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