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Industrial Engineering and Production Management

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

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

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Industrial Engineering and Production Management
Choose the wrong statement Time study is used to

Determine standard costs
Determine the capability of an operator to handle the number of machines
Provide a basis for setting piece prices or incentive wages
Determine overhead expenses

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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
Which of the following layouts is suited for mass production?

Fixed position layout
Process layout
Product layout
Plant layout

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Industrial Engineering and Production Management
The determination of standard time in a complex job system is best done through

Analysis of micro-motions
Analysis of standard data system
Grouping timing technique
Stop watch time study

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Industrial Engineering and Production Management
Merit rating is the method of determining the

Value of overall production
Worth of a machine
Relative values of a job
Workers performance on a job

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