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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
Automatic material handling equipment
Functional layout

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Industrial Engineering and Production Management
According to MAPI formula, the old machine should be replaced by new one when (Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum)

CAM > DAM
CAM = DAM
There is no such criterion
CAM < DAM

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Industrial Engineering and Production Management
In value engineering, important consideration is given to

Profit maximization
Customer satisfaction
Function concept
Cost reduction

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Industrial Engineering and Production Management
Which of the following layouts is suited for mass production?

Product layout
Plant layout
Process layout
Fixed position layout

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Industrial Engineering and Production Management
In time study, the rating factor is applied to determine

Normal time of a worker
Fixation of incentive rate
Merit rating of the worker
Standard time of a job

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Industrial Engineering and Production Management
The interchangeability can be achieved by

Better product planning
Standardization
Better process planning
Bonus plan

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