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Industrial Engineering and Production Management

Industrial Engineering and Production Management
A dummy activity in a net work diagram

Does not consume time or resources
All of these
Is represented by a dotted line
Is an artificial activity

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Industrial Engineering and Production Management
Standard time as compared to normal time is

There is no such correlation
Smaller
Equal
Greater

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Industrial Engineering and Production Management
Tick the odd man out

McGregor
Drucker
Galileo
Taylor

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Industrial Engineering and Production Management
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to

(F × V)/P
(F × P)/V
F/[1 - (V/P)]
F/[1 + (V/P)]

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Industrial Engineering and Production Management
An optimum project schedule implies

Optimum utilization of men, machines and materials
Timely execution of project
Lowest possible cost and shortest possible time for project
To produce best results under given constraints

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Industrial Engineering and Production Management
The type of organisation preferred for an automobile industry, is

Line, staff and functional organisation
Line organisation
Functional organisation
Line and staff organisation

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