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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

460
500
300
1000

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Industrial Engineering and Production Management
In jobbing production

Operations are labour-intensive
Highly skilled workers are needed
Unit costs are high
All of these

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Industrial Engineering and Production Management
Simplex method is the method used for

Value analysis
Linear programming
Queuing theory
Network analysis

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Industrial Engineering and Production Management
Queueing theory deals with problems of

Better utilization of man services
Reducing the waiting time or idle time
Effective use of machines
Material handling

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Industrial Engineering and Production Management
TMU in method time measurement stands for

Technique measurement unit
Time movement unit
Time motion unit
Time measurement unit

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Industrial Engineering and Production Management
Standard time is equal to

(Normal time) - (allowances)
Representative time multiplied by rating factor
(Normal time) + (allowances)
Normal time taken by an operation

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