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Industrial Engineering and Production Management

Industrial Engineering and Production Management
In inventory control, the economic order quantity is the

Capability of a plant to produce
Optimum lot size
Highest level of inventory
Lot corresponding to break-even point

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Industrial Engineering and Production Management
Production cost refers to prime cost plus

Factory and administration overheads
Factory overheads
Factory, administration and sales overheads
Factory, administration, sales overheads and profit

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Industrial Engineering and Production Management
PMTP (predetermined motion time systems) include

All of these
BNTS (basic motion time study)
WFS (work factor systems)
MTM (method time measurement)

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Industrial Engineering and Production Management
The main advantage of line organisation is its

Rigid discipline in the organisation
Effective command and control
All of these
Defined responsibilities at all levels

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Industrial Engineering and Production Management
P.M.T.S. (Predetermined Motion Time Systems) include

M.T.M. (Method Time Measurement)
W.F.S. (Work Factor Systems)
All of these
M.T.S. (Basic Motion Time Study)

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Industrial Engineering and Production Management
Break-even analysis shows profit when

Sales revenue < total cost
Sales revenue = total cost
Variable cost < fixed cost
Sales revenue > total cost

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