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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The appellate authority for an industrial dispute is

Labour court
High court/supreme court
Board of directors
Management

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

Saleable value
Purchase value
Depreciated value
Function/cost

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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

Linear programming
Operation research
Break-even analysis
Network analysis

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Industrial Engineering and Production Management
Current assets include

Manufacturing plant and equipment
Manufacturing plant
Common stock held by the firm
Inventories

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Industrial Engineering and Production Management
For a product layout the material handling equipment must

Be designed as special purpose for a particular application
Employ conveyor belts, trucks, tractors etc.
Have full flexibility
Be a general purpose type

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Industrial Engineering and Production Management
The amount deducted from the salary of workers towards employee’s provident fund is

Deposited in the account of worker with Provident Fund Commissioner
Deposited in nationalized bank
Credited into reserves of company
Deposited in post office

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