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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
Specialization of operation
Automatic material handling equipment
Product layout

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Industrial Engineering and Production Management
If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be

TR + (S - T) × R
TR
TR + [(S - T)/2] × R
TR + [(S - T)/S] × R

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Industrial Engineering and Production Management
Breakeven analysis is a

Short term analysis
Long term analysis
Any one of these
Average of short and long term analysis

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Industrial Engineering and Production Management
Material handling in automobile industry is done by

Trolley
Belt conveyor
All of these
Overhead crane

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Industrial Engineering and Production Management
In a PERT chart

Only critical activities are numbered
Only important activities should be numbered
All activities should be numbered
Only selected activities are numbered

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Industrial Engineering and Production Management
A company spends considerable amount on publicity to promote sales. This expenditure in break even chart is shown below the

Fixed cost line
Total cost line
Sales revenue line
Variable cost line

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