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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Break-even analysis consists of

Fixed cost
Variable cost
Operation costs
Fixed and variable costs

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Industrial Engineering and Production Management
Valve analysis is particularly of interest when

Costly equipment is used
Production is on large scale
Only few components are involved
Jobbing work economics are involved

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Industrial Engineering and Production Management
A low unit cost can be obtained by following

Automatic material handling equipment
Functional layout
Product layout
Specialization of operation

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Industrial Engineering and Production Management
The simplex method is the basic method for

Operation research
Value analysis
Linear programming
Model analysis

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Industrial Engineering and Production Management
The main objective of work measurement is to

Plan and schedule of production
Estimate the selling prices and delivery dates
All of these
Formulate a proper incentive scheme

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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
Effective running of stores
All of these

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MORE MCQ ON Industrial Engineering and Production Management

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