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INDUSTRIAL ENGINEERING AND PRODUCTION MANAGEMENT

Industrial Engineering and Production Management
The disadvantage of product layout is

Skilled labour to operate machines
Production time is longer, requiring more goods in inventory
High initial investment for the specialized facilities
High cost of inspection

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Industrial Engineering and Production Management
The amount deducted from the salary of workers towards employee’s provident fund is

Deposited in the account of worker with Provident Fund Commissioner
Deposited in post office
Deposited in nationalized bank
Credited into reserves of company

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Industrial Engineering and Production Management
Job enrichment technique is applied to

Overcome boring and demotivating work
Reduce labour monotony
All of the listed here
Make people happy

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Industrial Engineering and Production Management
In inventory control, the economic order quantity is the

Highest level of inventory
Capability of a plant to produce
Optimum lot size
Lot corresponding to break-even point

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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 Rowan plan, wages for the job will be

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

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