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Industrial Engineering and Production Management

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

Product layout
Specialization of operation
Automatic material handling equipment
Functional layout

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Industrial Engineering and Production Management
The salient feature of functional organisation is

Strict adherence to specification
All of these
Each individual maintains functional efficiency
Separation of planning and design part

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Industrial Engineering and Production Management
In fixed position layout

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

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Industrial Engineering and Production Management
In break even analysis, total cost consists of

Variable cost + sales revenue
Fixed cost + variable cost
Fixed cost + variable cost + profit

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Industrial Engineering and Production Management
The standard time for a job is

Total work content + delay contingency allowance
Base time + relaxation time
Total work content + basic time
Total work content

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

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MORE MCQ ON Industrial Engineering and Production Management

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