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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Direct expenses include

Selling expenses
None of these
Administrative expenses
Factory expenses

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

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

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Industrial Engineering and Production Management
Product layout is best suited where

One type of product is produced
All of these
Product is standardized
Product is manufactured in large quantities

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Industrial Engineering and Production Management
Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it

Consumes neither time nor resources
Consumes time, but no resources
Consumes resources but no time
Is a dangling event

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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

Flow chart
Gantt chart
Break-even chart
PERT chart

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Industrial Engineering and Production Management
Break-even analysis consists of

Fixed cost
Variable cost
Fixed and variable costs
Operation costs

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