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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Merit rating is the method of determining the

Value of overall production
Workers performance on a job
Worth of a machine
Relative values of a job

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Industrial Engineering and Production Management
In micro-motion study, therblig is described by

Standard symbol and colour
A symbol
An activity
An event

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Industrial Engineering and Production Management
Gantt charts are used for

Forecasting sales
Scheduling and routing
Linear programming
Production schedule

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Industrial Engineering and Production Management
In PERT analysis, critical path is obtained by joining events having

Zero slack
Dummy activities
-ve slack
+ve slack

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Industrial Engineering and Production Management
In break even analysis, total cost consists of

Fixed cost + variable cost
Variable cost + sales revenue
Fixed cost + variable cost + profit

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Industrial Engineering and Production Management
The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store

Primary cost method
Current value method
Inflated system
Fixed price method

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