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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
The term 'value' in value engineering refers to

Selling price of the product
Total cost of the product
Manufactured cost of the product
Utility of the product

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Industrial Engineering and Production Management
If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by

√(2AP/C)
AP/C
2AP/C
(AP/C)²

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Industrial Engineering and Production Management
In the Halsey 50-50 plan, the following are rewarded more

Past good workers
Past poor workers
Past average workers
All of the these

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Industrial Engineering and Production Management
Motion study involves analysis of

All of these
Actions of operator
Tooling and equipment
Layout of work place

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Industrial Engineering and Production Management
Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it

Consumes resources but no time
Consumes neither time nor resources
Is a dangling event
Consumes time, but no resources

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