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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The bonus increases in proportion to the increase in efficiency. This statement applies to

Rowan plan
Gantt plan
Halsey plan
Emerson's efficiency plan

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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

500
1000
460
300

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Industrial Engineering and Production Management
The break-even point represents

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

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Industrial Engineering and Production Management
The technique of value analysis can be applied to

Complicated items only
Crash programmer items only
Simple items only
Any item

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Industrial Engineering and Production Management
A-B-C analysis is used in

Inventory control
CPM
PERT
All of these

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Industrial Engineering and Production Management
Service time in queuing theory is usually assumed to follow

Erlang distribution
Exponential law
Poisson’s distribution
Normal distribution

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