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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Father of time study was

F.B. Gilbert
F.W. Taylor
R.M. Barnes
H.L. Gantt

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Industrial Engineering and Production Management
Inventory control in production, planning and control aims at

Achieving optimization
Ensuring against market fluctuations
Acceptable customer service at low capital investment in inventory
Discounts allowed in bulk purchase

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Industrial Engineering and Production Management
Break-even analysis can be used for

Long run analysis
Short run analysis
There is no such criterion
Average of above two run analysis

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Industrial Engineering and Production Management
The time by which the activity completion time can be delayed without affecting the start of succeeding activities, is known as

Duration
Interfering float
Free float
Total float

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Industrial Engineering and Production Management
The most important function of inventory control is

Stock control system
All of these
To run the stores effectively
Technical responsibility for the state of materials

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Industrial Engineering and Production Management
The objective of time study is to determine the time required to complete a job by

Slow worker
New entrant
Fast worker
Average worker

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