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Industrial Engineering and Production Management

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

Functional layout
Automatic material handling equipment
Product layout
Specialization of operation

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Industrial Engineering and Production Management
For a product layout the material handling equipment must

Be a general purpose type
Have full flexibility
Be designed as special purpose for a particular application
Employ conveyor belts, trucks, tractors etc.

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Industrial Engineering and Production Management
Bin card is used in

Workshop
Stores
Administrative wing
Foundry shop

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Industrial Engineering and Production Management
In the cost structure of a product, the selling price is determined by the factors such as

Sales turn over
All of these
Lowest competitive price
Various elements of the cost

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Industrial Engineering and Production Management
PERT requires

Triple time estimate
Double time estimate
None of the listed here
Single time estimate

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Industrial Engineering and Production Management
The mathematical technique for finding the best use of limited resources in an optimum manner is known as

Operation research
Linear programming
Break-even analysis
Network analysis

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