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Industrial Engineering and Production Management

Industrial Engineering and Production Management
ABC analysis deals with

Analysis of process chart
Ordering schedule of job
Flow of material
Controlling inventory costs money

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Industrial Engineering and Production Management
Inventory management consists of

State of merchandise methods of storing and maintenance etc.
Stock control system
All of these
Effective running of stores

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Industrial Engineering and Production Management
Merit Rating is the method of determining worth of

A job
An individual employee
A particular division in workshop
Machine

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Industrial Engineering and Production Management
In inventory control, the economic order quantity is the

Lot corresponding to break-even point
Optimum lot size
Capability of a plant to produce
Highest level of inventory

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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

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

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

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

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