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Industrial Engineering and Production Management

Industrial Engineering and Production Management
In perpetual inventory control, the material is checked as it reaches its

Maximum value
Minimum value
Middle value
Average value

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Industrial Engineering and Production Management
The bonus increases in proportion to the increase in efficiency. This statement applies to

Rowan plan
Halsey plan
Emerson's efficiency plan
Gantt plan

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Industrial Engineering and Production Management
The factors which are to be considered while developing a good wage incentive plan will include

Guaranteed basic pay
Ease of administration
All of the listed here
Adequate incentive

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Industrial Engineering and Production Management
The process layout is best suited where

Specialization exists
Few number of non-standardized units is to be produced
Mass production is envisaged
Machines are arranged according to sequence of operation

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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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Industrial Engineering and Production Management
The time taken by a trained worker to perform an operation, while working a steady pace, is known as

Standard time
None of the listed here
Normal time
Representative time

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