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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)²
√(2AP/C)
2AP/C
AP/C

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Industrial Engineering and Production Management
Work study involves

Only work measurement
Only method study
Method study and work measurement
Only motion study

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Industrial Engineering and Production Management
If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be

TR + [(S - T)/2] × R
TR + (S - T) × R
TR + [(S - T)/S] × R
TR

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Industrial Engineering and Production Management
The most important objective behind plant layout is

Overall simplification, safety of integration
To provide conveniently located shops
Economy in space
Maximum travel time in plant

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Industrial Engineering and Production Management
The start or completion of task is called

An activity
None of these
An event
A duration

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Industrial Engineering and Production Management
In fixed position layout

All of these
Total production cost is less
Capital investment is minimum
Material movement is less

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