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Industrial Engineering and Production Management

Industrial Engineering and Production Management
A low unit cost can be obtained by following

Specialization of operation
Product layout
Functional layout
Automatic material handling equipment

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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

(AP/C)²
AP/C
2AP/C
√(2AP/C)

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Industrial Engineering and Production Management
Job enrichment technique is applied to

All of the listed here
Reduce labour monotony
Overcome boring and demotivating work
Make people happy

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Industrial Engineering and Production Management
In product layout

Machines can not be used to their maximum capacity
All of these
Specialized and strict supervision is required
Manufacturing cost rises with a fall in the volume of production

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Industrial Engineering and Production Management
Which one of the following represents a group incentive plan?

Halsey Premium Plan
Rowan Plan
Taylor Differential Piece Rate System
Scanlon Plan

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Industrial Engineering and Production Management
Job evaluation is the method of determining the

Relative worth of jobs
Contribution of a job
Skills required by a worker
Contribution of a worker

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