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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Break-even analysis consists of

Fixed and variable costs
Variable cost
Operation costs
Fixed cost

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Industrial Engineering and Production Management
Halsey plan of wage incentive

Is applied to all level of workers
Is not applied to all level of workers
Does not guarantee minimum wage
Is based upon efficiency of worker

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Industrial Engineering and Production Management
Gantt chart gives information about

Machine utilization
Production schedule
Scheduling and routing
Sales

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Industrial Engineering and Production Management
Queueing theory is used for

Traffic congestion studies
Job-shop scheduling
Inventory problems
All of these

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Industrial Engineering and Production Management
Gantt chart is used for

Material handling
Inventory control
Machine repair schedules
Production schedule

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Industrial Engineering and Production Management
Service time in queuing theory is usually assumed to follow

Exponential law
Normal distribution
Erlang distribution
Poisson’s distribution

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