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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Monte Carlo solutions in queuing theory are extremely useful in queuing problems

All of the these
Involving multistage queuing
To verify mathematical results
That can't be analysed mathematically

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Industrial Engineering and Production Management
Production cost refers to prime cost plus

Factory and administration overheads
Factory, administration and sales overheads
Factory overheads
Factory, administration, sales overheads and profit

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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 Halsey 50-50 plan, wages for the job will be

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

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Industrial Engineering and Production Management
A critical activity has

Zero slack
Maximum slack
Minimum slack
Average slack

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Industrial Engineering and Production Management
P.M.T.S. (Predetermined Motion Time Systems) include

M.T.M. (Method Time Measurement)
W.F.S. (Work Factor Systems)
M.T.S. (Basic Motion Time Study)
All of these

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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

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

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