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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

Middle value
Average value
Maximum value
Minimum value

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Industrial Engineering and Production Management
The time of completing a project in network analysis is given by following time of the critical activity meeting at the final triode

Late finish
Early finish
Early start
Late start

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Industrial Engineering and Production Management
The interchangeability can be achieved by

Standardization
Better product planning
Better process planning
Bonus plan

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

Work sampling
Work study
Method study
Time study

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Industrial Engineering and Production Management
A low unit cost can be obtained by following

Automatic material handling equipment
Functional layout
Specialization of operation
Product layout

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Industrial Engineering and Production Management
The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time)

(to + 4tp + tn)/5
(to + tp + tn)/3
(to + tp + 4tn)/6
(to + 2tp + tn)/4

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