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Industrial Engineering and Production Management

Industrial Engineering and Production Management
For ship vessel industry the following layout is best suited

Plant layout
Product layout
Process layout
Fixed position layout

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Industrial Engineering and Production Management
The amount deducted from the salary of workers towards employee’s provident fund is

Credited into reserves of company
Deposited in nationalized bank
Deposited in the account of worker with Provident Fund Commissioner
Deposited in post office

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Industrial Engineering and Production Management
The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store

Primary cost method
Fixed price method
Inflated system
Current value method

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Industrial Engineering and Production Management
Bin card is used in

Stores
Foundry shop
Workshop
Administrative wing

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Industrial Engineering and Production Management
In the Halsey system of wage incentive plan, a worker is

Never a loser
Ensured of minimum wages
Paid as per efficiency
Not paid any bonus till his efficiency

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Industrial Engineering and Production Management
A company spends considerable amount on publicity to promote sales. This expenditure in break even chart is shown below the

Total cost line
Variable cost line
Sales revenue line
Fixed cost line

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