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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Routing is essential in the following type of industry

Mass production industry
Process industry
Assembly industry
Job order industry

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

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

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Industrial Engineering and Production Management
Tick the odd man out

McGregor
Taylor
Drucker
Galileo

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Industrial Engineering and Production Management
The break-even point represents

The most economical level of operation of any industry
Time when industry will undergo loss
The time when unit can run without any loss and profit
The time when company can make maximum profits

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Industrial Engineering and Production Management
For ship vessel industry the following layout is best suited

Plant layout
Process layout
Product layout
Fixed position layout

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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 Rowan plan, wages for the job will be

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

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