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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Standard time is defined as

Normal time + allowances
Normal time + idle time + allowances
Normal time + idle time
Only normal time for an operation

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Industrial Engineering and Production Management
In a functional organisation

Specialized knowledge and guidance to individual worker is provided
Wastage of material is minimum
Quality of work is better
All of these

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Industrial Engineering and Production Management
A critical activity has

Average slack
Minimum slack
Zero slack
Maximum 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

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

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Industrial Engineering and Production Management
Acceptance sampling is widely used in

Batch production
Mass production
All of these
Job production

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Industrial Engineering and Production Management
The term 'value' in value engineering refers to

Selling price of the product
Utility of the product
Manufactured cost of the product
Total cost of the product

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