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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Break-even analysis shows profit when

Sales revenue < total cost
Sales revenue > total cost
Sales revenue = total cost
Variable cost < fixed cost

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Industrial Engineering and Production Management
Choose the wrong statement Time study is used to

Determine overhead expenses
Provide a basis for setting piece prices or incentive wages
Determine standard costs
Determine the capability of an operator to handle the number of machines

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Industrial Engineering and Production Management
The standard time for a job is

Total work content + delay contingency allowance
Total work content + basic time
Base time + relaxation time
Total work content

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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

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

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Industrial Engineering and Production Management
Bin card is used in

Foundry shop
Workshop
Stores
Administrative wing

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Industrial Engineering and Production Management
Which of the following layouts is suited to job production?

Fixed position layout
Plant layout
Process layout
Product layout

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