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Industrial Engineering and Production Management

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

Minimum value
Average value
Alarming value
Maximum value

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Industrial Engineering and Production Management
Works cost implies

Primary cost
Primary cost + factory expenses
Factory cost
Factory expenses

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

Specialization of operation
Product layout
Automatic material handling equipment
Functional layout

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Industrial Engineering and Production Management
The salient feature of functional organisation is

All of these
Each individual maintains functional efficiency
Strict adherence to specification
Separation of planning and design part

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Industrial Engineering and Production Management
Actual performance of a task is called

An event
An activity
A duration
None of these

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Industrial Engineering and Production Management
In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on:

A merit rating system
A standard rating system
A job evaluation system
His individual performance

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