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INDUSTRIAL ENGINEERING AND PRODUCTION MANAGEMENT

Industrial Engineering and Production Management
Pick up the correct statement about relationship between various floats

Independent float > free float
Free float = total float
Independent float = total float
Independent float < free float

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Industrial Engineering and Production Management
The aim of value engineering is to

Minimize the cost without change in quality of the product
Determine the selling price of a product
All of these
Find the depreciation value of a machine

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Industrial Engineering and Production Management
One time measurement unit (TMU) in method time measurement system equals

0.0006 minute
0.0001 minute
0.006 minute
0.001 minute

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Industrial Engineering and Production Management
The main object of scientific layout is

All of these
To utilize maximum floor area
To minimize production delays
To produce better quality of product

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Industrial Engineering and Production Management
The most important function of inventory control is

Technical responsibility for the state of materials
All of these
To run the stores effectively
Stock control system

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