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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Actual performance of a task is called

A duration
An activity
An event
None of these

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Industrial Engineering and Production Management
The process layout is best suited where

Few number of non-standardized units is to be produced
Specialization exists
Mass production is envisaged
Machines are arranged according to sequence of operation

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Industrial Engineering and Production Management
Current assets include

Common stock held by the firm
Manufacturing plant and equipment
Inventories
Manufacturing plant

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Industrial Engineering and Production Management
The most important function of inventory control is

To run the stores effectively
Technical responsibility for the state of materials
All of these
Stock control system

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Industrial Engineering and Production Management
The mathematical technique for finding the best use of limited resources in an optimum manner is known as

Linear programming
Operation research
Network analysis
Break-even analysis

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Industrial Engineering and Production Management
In product layout

Machines can not be used to their maximum capacity
Specialized and strict supervision is required
All of these
Manufacturing cost rises with a fall in the volume of production

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