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Industrial Engineering and Production Management

Industrial Engineering and Production Management
In value engineering, important consideration is given to

Customer satisfaction
Cost reduction
Function concept
Profit maximization

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Industrial Engineering and Production Management
Time study is

Method of fixing time for workers
The appraisal, in terms of time, of the value of work involving human effort
Machine setting time
Time taken by workers to do a job

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Industrial Engineering and Production Management
Critical path moves along the activities having total float of

Negative value
Positive value
Zero value
Same value

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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
Adequate incentive
All of the listed here

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

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

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Industrial Engineering and Production Management
P.M.T.S. (Predetermined Motion Time Systems) include

All of these
M.T.M. (Method Time Measurement)
M.T.S. (Basic Motion Time Study)
W.F.S. (Work Factor Systems)

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