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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
1000
300
500

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Industrial Engineering and Production Management
Product layout is best suited where

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

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Industrial Engineering and Production Management
Work study is most useful

Where production activities are involved
In improving industrial relations
In judging the rating of machines
In judging the output of a man and improving it

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Industrial Engineering and Production Management
Fixed position layout is also known as

Synthetic layout
Analytical layout
None of these
Static product layout

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Industrial Engineering and Production Management
At the break-even point,

Total cost is equal to sales revenue
Fixed cost is equal to variable cost
Total cost is less than the sales revenue
Total cost is more than the sales revenue

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Industrial Engineering and Production Management
A critical activity has

Zero slack
Minimum slack
Average slack
Maximum slack

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