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Industrial Engineering and Production Management

Industrial Engineering and Production Management
In break even analysis, total cost consists of

Fixed cost + variable cost + profit
Fixed cost + variable cost
Variable cost + sales revenue

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Industrial Engineering and Production Management
Father of time study was

H.L. Gantt
F.W. Taylor
R.M. Barnes
F.B. Gilbert

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Industrial Engineering and Production Management
In Halsey 50-50 plan, output standards are established

By time study
All of these
From one's judgment
From previous production records

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Industrial Engineering and Production Management
Works cost implies

Factory cost
Primary cost + factory expenses
Factory expenses
Primary cost

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Industrial Engineering and Production Management
Percent idle time for men or machines is found by

Method study
Time study
Work study
Work sampling

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Industrial Engineering and Production Management
Work study is done with the help of

Stop watch
Material handling
Process chart
All of the these

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