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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Motion study involves analysis of

Tooling and equipment
Actions of operator
Layout of work place
All of these

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Industrial Engineering and Production Management
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to

(F × P)/V
(F × V)/P
F/[1 - (V/P)]
F/[1 + (V/P)]

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Industrial Engineering and Production Management
Critical path on PERT/CPM chart is obtained by joining the events having

Average slack
Maximum slack
Minimum slack
No slack

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Industrial Engineering and Production Management
In the cost structure of a product, the selling price is determined by the factors such as

Sales turn over
Lowest competitive price
All of these
Various elements of the cost

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Industrial Engineering and Production Management
PERT is applied for

Installation of machinery
Research and development of products
All of these
Marketing programmes and advertising programmes

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Industrial Engineering and Production Management
Basic tool in work study is

Planning chart
Stop watch
Process chart

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