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Industrial Engineering and Production Management

Industrial Engineering and Production Management
String diagram is used when

Team of workers is working at a place
Material handling is to be done
Idle time is to be reduced
All of these

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Industrial Engineering and Production Management
Job evaluation is the method of determining the

Relative worth of jobs
Contribution of a worker
Contribution of a job
Skills required by a worker

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Industrial Engineering and Production Management
For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be

300
1000
460
500

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Industrial Engineering and Production Management
In a line organization

All of these
Quick decisions are taken
Responsibility of each individual is fixed
Discipline is strong

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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 Halsey 50-50 plan, wages for the job will be

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

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Industrial Engineering and Production Management
In ABC control policy, maximum attention is given to

Those items which consume more money
Those items which consume money
Those items which are not readily available
Those × items which are in more demand

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