INDUSTRIAL ENGINEERING AND PRODUCTION MANAGEMENT

Optimum utilization of men, machines and materials

To produce best results under given constraints

Timely execution of project

Lowest possible cost and shortest possible time for project

Determine standard costs

Provide a basis for setting piece prices or incentive wages

Determine overhead expenses

Determine the capability of an operator to handle the number of machines

All of the these

Determine standard costs

Provide a basis for setting piece price or incentive wages

Determine the number of machines a person may run

W.F.S. (Work Factor Systems)

All of these

M.T.S. (Basic Motion Time Study)

M.T.M. (Method Time Measurement)

MTM (method time measurement)

All of these

BNTS (basic motion time study)

WFS (work factor systems)