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Industrial Engineering and Production Management

Industrial Engineering and Production Management
If TL is the largest allowable event occurrence time, total activity slack (s) is equal to

TLEFT
Latest finish time earliest finish time (EFT)
All of these
Latest start time earliest start time

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Industrial Engineering and Production Management
The interchangeability can be achieved by

Bonus plan
Better process planning
Standardization
Better product planning

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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 Halsey 50-50 plan, wages for the job will be

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

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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
Basic tool in work study is

Process chart
Planning chart
Stop watch

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Industrial Engineering and Production Management
The aim of value engineering is to

All of these
Find the depreciation value of a machine
Minimize the cost without change in quality of the product
Determine the selling price of a product

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