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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

Emerson's efficiency plan
Gantt plan
Halsey plan
Rowan plan

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Industrial Engineering and Production Management
Pick up the correct step used for scheduling a project by C.P.M.

Required time for each activity is established
A project is divided into various activities
All of these
Sequence of various activities is made according to their importance

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Industrial Engineering and Production Management
The break-even point represents

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

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

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Industrial Engineering and Production Management
A milestone chart

Shows the inter dependences of various jobs
None of the these
Depicts the delay of jobs, if any
Points outgoing ahead of schedule of jobs, if any

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Industrial Engineering and Production Management
According to MAPI formula, the old machine should be replaced by new one when(Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum)

CAM < DAM
CAM = DAM
CAM > DAM
There is no such criterion

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