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Industrial Engineering and Production Management

Industrial Engineering and Production Management
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to

F/[1 + (V/P)]
(F × P)/V
F/[1 - (V/P)]
(F × V)/P

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Industrial Engineering and Production Management
In manufacturing management, the term 'Dispatching' is used to describe

Dispatch of factory mail
Dispatch of finished product of the user
Dispatch of sales order
Dispatch of work orders through shop floor

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Industrial Engineering and Production Management
Graphical method, simplex method, and transportation method are concerned with

Break-even analysis
Queueing theory
Linear programming
Value analysis

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Industrial Engineering and Production Management
The time by which the activity completion time can be delayed without affecting the start of succeeding activities, is known as

Duration
Total float
Interfering float
Free float

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Industrial Engineering and Production Management
One time measurement unit (TMU) in method time measurement system equals

0.0001 minute
0.001 minute
0.0006 minute
0.006 minute

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Industrial Engineering and Production Management
In micro-motion study, therblig is described by

Standard symbol and colour
An activity
An event
A symbol

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