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Industrial Engineering and Production Management

Industrial Engineering and Production Management
If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by

AP/C
2AP/C
√(2AP/C)
(AP/C)²

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Industrial Engineering and Production Management
In CPM, the cost slope is determined by

Normal Cost/Crash cost
Crash cost/Normal Cost
(Crash Cost - Normal cost)/ (Normal time - Crash time)
(Normal cost - Crash cost)/ (Normal time - Crash time)

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Industrial Engineering and Production Management
Father of industrial engineering is

Jack Gilbert
Isaac Newton
Henry Laurence Gantt
Frederick Taylor

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Industrial Engineering and Production Management
Material handling and plant location is analysed by

Emerson chart
Gantt chart
Bin chart
Travel chart

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Industrial Engineering and Production Management
Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?

Gantt plan
Halsey plan
Emerson's efficiency plan
Rowan plan

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Industrial Engineering and Production Management
The production cost per unit can be reduced by

Minimizing resource waste
Producing more with increased inputs
Eliminating idle time
Producing more with the same inputs

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