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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Line organization is suitable for

All of these
Oil refining industries
Sugar industries
Spinning and weaving industries

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Industrial Engineering and Production Management
If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by

AP/C
(AP/C)²
√(2AP/C)
2AP/C

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Industrial Engineering and Production Management
The type of organisation preferred for an automobile industry, is

Line organisation
Line, staff and functional organisation
Functional organisation
Line and staff organisation

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Industrial Engineering and Production Management
One of the basic essentials of an incentive plan is that

Minimum wages should be guaranteed
Provide incentive to group efficiency performance
A differential piece rate system should exist
All standards should be based on time studies

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Industrial Engineering and Production Management
A dummy activity

Does not require any time
Is represented by a dotted line
Is artificially introduced
All of the these

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Industrial Engineering and Production Management
In perpetual inventory control, the material is checked as it reaches its

Maximum value
Average value
Middle value
Minimum value

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