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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Break-even analysis can be used for

Long run analysis
There is no such criterion
Average of above two run analysis
Short run analysis

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Industrial Engineering and Production Management
The probability distribution of project completion in PERT follows following distribution

Exponential
Binomial
Gaussian
Normal

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

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

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Industrial Engineering and Production Management
Material handling and plant location is analysed by

Travel chart
Emerson chart
Gantt chart
Bin chart

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Industrial Engineering and Production Management
Slack of various events on the critical path in PERT/CPM chart

Remain constant
Increases continuously
Decreases continuously
May increase or decrease depending on various factors

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Industrial Engineering and Production Management
Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?

Halsey plan
Rowan plan
Emerson's efficiency plan
Gantt plan

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