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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Direct expenses include

Selling expenses
Administrative expenses
None of these
Factory expenses

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

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

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Industrial Engineering and Production Management
Basic tool in work study is

Stop watch
Planning chart
Process chart

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Industrial Engineering and Production Management
The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store

Fixed price method
Primary cost method
Inflated system
Current value method

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Industrial Engineering and Production Management
Graphical method, simplex method, and transportation method are concerned with

Queueing theory
Linear programming
Break-even analysis
Value analysis

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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

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

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