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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Simplex method is the method used for

Queuing theory
Value analysis
Network analysis
Linear programming

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

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

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Industrial Engineering and Production Management
An event is indicated on the network by

A number enclosed in a circle or a square
A straight line with circles at the ends
A straight line
A dotted line

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Industrial Engineering and Production Management
Time study is used to

Determine the number of machines a person may run
All of the these
Determine standard costs
Provide a basis for setting piece price or incentive wages

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Industrial Engineering and Production Management
According to Muther, the basic principle of best layout is

Principle of flow
Principle of flexibility
All of the listed here
Principle of overall integration

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Industrial Engineering and Production Management
In inventory control, the economic order quantity is the

Capability of a plant to produce
Highest level of inventory
Lot corresponding to break-even point
Optimum lot size

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