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Industrial Engineering and Production Management

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

Automatic material handling equipment
Product layout
Specialization of operation
Functional layout

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Industrial Engineering and Production Management
In fixed position layout

Material movement is less
Total production cost is less
Capital investment is minimum
All of these

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Industrial Engineering and Production Management
The objective of time study is to determine the time required to complete a job by

Fast worker
Slow worker
Average worker
New entrant

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Industrial Engineering and Production Management
In crash program for a project

both direct and indirect costs, increase
cost is no criterion
direct costs increase and indirect costs decrease
indirect costs increase and direct costs decrease

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Industrial Engineering and Production Management
A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is

0.84
0.95
0.66
0.5

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Industrial Engineering and Production Management
In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on:

A standard rating system
A merit rating system
A job evaluation system
His individual performance

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