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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
(AP/C)²
√(2AP/C)
2AP/C

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Industrial Engineering and Production Management
Pick up the correct statement about relationship between various floats

Independent float > free float
Independent float = total float
Independent float < free float
Free float = total float

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Industrial Engineering and Production Management
In a PERT chart

Only important activities should be numbered
Only selected activities are numbered
Only critical activities are numbered
All activities should be numbered

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Industrial Engineering and Production Management
According to Muther, the basic principle of best layout is

Principle of flow
Principle of overall integration
Principle of flexibility
All of the listed here

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Industrial Engineering and Production Management
In product layout

Specialized and strict supervision is required
All of these
Manufacturing cost rises with a fall in the volume of production
Machines can not be used to their maximum capacity

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Industrial Engineering and Production Management
In A-B-C analysis, which class of items are generally large in number?

C
A
B
None of these

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