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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
Functional layout
Product layout
Automatic material handling equipment

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Industrial Engineering and Production Management
Percent idle time for men or machines is found by

Work sampling
Work study
Time study
Method study

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Industrial Engineering and Production Management
Work study is done with the help of

Material handling
Process chart
Stop watch
All of the these

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Industrial Engineering and Production Management
Breakeven analysis is a

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

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Industrial Engineering and Production Management
Works cost implies

Factory cost
Primary cost
Primary cost + factory expenses
Factory expenses

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Industrial Engineering and Production Management
Break-even point is the point where

Fixed and variable cost lines intersect
Sales revenue and total expensive lines intersect
Variable and total cost lines intersect
Fixed and total cost lines intersect

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