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Industrial Engineering and Production Management

Industrial Engineering and Production Management
In PERT analysis, critical path is obtained by joining events having

Zero slack
Dummy activities
-ve slack
+ve slack

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Industrial Engineering and Production Management
A feasible solution to the linear programming problem should

Satisfy the non-negativity restrictions
Satisfy the problem constraints and non-negativity restrictions
Optimise the objective function
Satisfy the problem constraints

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Industrial Engineering and Production Management
Gantt chart is used for

Machine repair schedules
Material handling
Production schedule
Inventory control

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Industrial Engineering and Production Management
Standard time is equal to

(Normal time) - (allowances)
Normal time taken by an operation
Representative time multiplied by rating factor
(Normal time) + (allowances)

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Industrial Engineering and Production Management
Valve analysis is particularly of interest when

Jobbing work economics are involved
Production is on large scale
Only few components are involved
Costly equipment is used

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Industrial Engineering and Production Management
In the cost structure of a product, the selling price is determined by the factors such as

Lowest competitive price
Sales turn over
Various elements of the cost
All of these

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