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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Current assets include

Common stock held by the firm
Manufacturing plant and equipment
Inventories
Manufacturing plant

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Industrial Engineering and Production Management
In value engineering, important consideration is given to

Customer satisfaction
Cost reduction
Profit maximization
Function concept

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Industrial Engineering and Production Management
The type of organisation preferred for an automobile industry, is

Line and staff organisation
Line organisation
Functional organisation
Line, staff and functional organisation

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Industrial Engineering and Production Management
The time taken by a trained worker to perform an operation, while working a steady pace, is known as

None of the listed here
Representative time
Standard time
Normal time

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Industrial Engineering and Production Management
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

Break-even chart
PERT chart
Flow chart
Gantt chart

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Industrial Engineering and Production Management
Job enrichment technique is applied to

Reduce labour monotony
Make people happy
Overcome boring and demotivating work
All of the listed here

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