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Industrial Engineering and Production Management

Industrial Engineering and Production Management
For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be

1000
300
460
500

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Industrial Engineering and Production Management
The interchangeability can be achieved by

Better product planning
Better process planning
Bonus plan
Standardization

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Industrial Engineering and Production Management
An activity of the project is graphically represented by ________ on the network diagram.

A circle
None of these
An arrow
A straight line

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Industrial Engineering and Production Management
Dummy activities are used to

None of these
Maintain the required net work
Determine the project completion time
Determine the critical path

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Industrial Engineering and Production Management
The determination of standard time in a complex job system is best done through

Analysis of micro-motions
Analysis of standard data system
Grouping timing technique
Stop watch time study

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Industrial Engineering and Production Management
Inventory management consists of

All of these
Effective running of stores
State of merchandise methods of storing and maintenance etc.
Stock control system

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