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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Breakeven analysis is a

Long term analysis
Short term analysis
Any one of these
Average of short and long term analysis

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Industrial Engineering and Production Management
In product layout

Specialized and strict supervision is required
Manufacturing cost rises with a fall in the volume of production
Machines can not be used to their maximum capacity
All of these

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Industrial Engineering and Production Management
A milestone chart

None of the these
Shows the inter dependences of various jobs
Points outgoing ahead of schedule of jobs, if any
Depicts the delay of jobs, if any

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Industrial Engineering and Production Management
Merit rating is the method of determining the

Relative values of a job
Value of overall production
Worth of a machine
Workers performance on a job

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Industrial Engineering and Production Management
Which of the following is independent of sales forecast?

Inventory control
Production control
Productivity
Production planning

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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

(AP/C)²
2AP/C
AP/C
√(2AP/C)

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