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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

Gantt plan
Rowan plan
Halsey plan
Emerson's efficiency plan

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Industrial Engineering and Production Management
Slack of various events on the critical path in PERT/CPM chart

Increases continuously
May increase or decrease depending on various factors
Remain constant
Decreases continuously

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Industrial Engineering and Production Management
Work study comprises following main techniques

Method study and time study
Method study and job evaluation
Time study and work measurement
Method study and work measurement

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Industrial Engineering and Production Management
Standard time as compared to normal time is

Greater
Smaller
There is no such correlation
Equal

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Industrial Engineering and Production Management
The production cost per unit can be reduced by

Producing more with increased inputs
Eliminating idle time
Minimizing resource waste
Producing more with the same inputs

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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
Lowest competitive price
All of these
Sales turn over

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