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Industrial Engineering and Production Management

Industrial Engineering and Production Management
A diagram showing the path followed by men and materials while performing a task is known as

String diagram
Flow process chart
Travel chart
Flow diagram

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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

2AP/C
(AP/C)²
√(2AP/C)
AP/C

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Industrial Engineering and Production Management
Actual performance of a task is called

None of these
A duration
An event
An activity

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Industrial Engineering and Production Management
The appellate authority for an industrial dispute is

High court/supreme court
Labour court
Board of directors
Management

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Industrial Engineering and Production Management
Pick up the correct statement about relationship between various floats

Free float = total float
Independent float = total float
Independent float > free float
Independent float < free float

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Industrial Engineering and Production Management
The employees provident fund act is applicable to

The industries notified by Government
All industries
All industries other than small and medium industries
Volunteers

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