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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Break-even analysis consists of

Variable cost
Fixed cost
Fixed and variable costs
Operation costs

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Industrial Engineering and Production Management
Acceptance sampling is used in

Mass production
All of these
Batch production
Job production

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Industrial Engineering and Production Management
Standard time is defined as

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

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Industrial Engineering and Production Management
In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on:

A job evaluation system
A standard rating system
A merit rating system
His individual performance

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Industrial Engineering and Production Management
The process layout is best suited where

Mass production is envisaged
Specialization exists
Few number of non-standardized units is to be produced
Machines are arranged according to sequence of operation

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Industrial Engineering and Production Management
Father of time study was

F.W. Taylor
R.M. Barnes
F.B. Gilbert
H.L. Gantt

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