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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Inventory management consists of

State of merchandise methods of storing and maintenance etc.
Stock control system
Effective running of stores
All of these

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Industrial Engineering and Production Management
In the Halsey system of wage incentive plan, a worker is

Never a loser
Ensured of minimum wages
Not paid any bonus till his efficiency
Paid as per efficiency

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Industrial Engineering and Production Management
The work study is done by means of

Process chart
Stop watch
Planning chart
Any one of these

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Industrial Engineering and Production Management
PERT has following time estimate

Four time estimate
Two time estimate
One time estimate
Three time estimate

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Industrial Engineering and Production Management
The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of

A combination of line and process layout
Process layout
Fixed position layout
Product layout

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Industrial Engineering and Production Management
In fixed position layout

Total production cost is less
Material movement is less
Capital investment is minimum
All of these

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