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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Direct expenses include

Factory expenses
None of these
Selling expenses
Administrative expenses

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Industrial Engineering and Production Management
Slack of various events on the critical path in PERT/CPM chart

May increase or decrease depending on various factors
Decreases continuously
Increases continuously
Remain constant

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Industrial Engineering and Production Management
Product layout is best suited where

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

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Industrial Engineering and Production Management
Current assets include

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

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Industrial Engineering and Production Management
Time study is

Machine setting time
The appraisal, in terms of time, of the value of work involving human effort
Method of fixing time for workers
Time taken by workers to do a job

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Industrial Engineering and Production Management
If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be

2 HA
1.15 HA
1.33 HA
1.5 HA

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