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INDUSTRIAL ENGINEERING AND PRODUCTION MANAGEMENT

Industrial Engineering and Production Management
If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be

TR + [(S - T)/2] × R
TR + (S - T) × R
TR + [(S - T)/S] × R
TR

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Industrial Engineering and Production Management
Graphical method, simplex method, and transportation method are concerned with

Value analysis
Break-even analysis
Queueing theory
Linear programming

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Industrial Engineering and Production Management
TMU in method time measurement stands for

Time measurement unit
Technique measurement unit
Time motion unit
Time movement unit

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Industrial Engineering and Production Management
Work study involves

Only method study
Method study and work measurement
Only motion study
Only work measurement

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Industrial Engineering and Production Management
PERT is applied for

Marketing programmes and advertising programmes
Installation of machinery
Research and development of products
All of these

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