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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Break-even analysis consists of

Fixed and variable costs
Operation costs
Fixed cost
Variable cost

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Industrial Engineering and Production Management
According to Muther, the basic principle of best layout is

Principle of flow
Principle of overall integration
Principle of flexibility
All of the listed here

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Industrial Engineering and Production Management
Standard time is defined as

Only normal time for an operation
Normal time + idle time + allowances
Normal time + idle time
Normal time + allowances

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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
Manufacturing cost rises with a fall in the volume of production
All of these

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Industrial Engineering and Production Management
Bar charts are suitable for

Minor works
All of these
Major works
Large projects

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Industrial Engineering and Production Management
The factors which are to be considered while developing a good wage incentive plan will include

Guaranteed basic pay
Adequate incentive
All of the listed here
Ease of administration

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