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Industrial Engineering and Production Management

Industrial Engineering and Production Management
PERT is applied for

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

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Industrial Engineering and Production Management
In jobbing production

All of these
Highly skilled workers are needed
Operations are labour-intensive
Unit costs are high

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

Minimum slack
No slack
Maximum slack
Average slack

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Industrial Engineering and Production Management
The mathematical technique for finding the best use of limited resources in an optimum manner is known as

Network analysis
Linear programming
Break-even analysis
Operation research

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Industrial Engineering and Production Management
In value engineering, important consideration is given to

Cost reduction
Profit maximization
Function concept
Customer satisfaction

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Industrial Engineering and Production Management
'Value' for value engineering and analysis purposes is defined as

Saleable value
Function/cost
Purchase value
Depreciated value

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