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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

Halsey plan
Emerson's efficiency plan
Rowan plan
Gantt plan

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Industrial Engineering and Production Management
Gantt chart provides information about the

Efficient working of machine
Material handling
Proper utilization of manpower
Production schedule

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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)

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

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Industrial Engineering and Production Management
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to

F/[1 + (V/P)]
F/[1 - (V/P)]
(F × P)/V
(F × V)/P

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Industrial Engineering and Production Management
The main object of scientific layout is

To utilize maximum floor area
All of these
To produce better quality of product
To minimize production delays

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Industrial Engineering and Production Management
Standing orders which are statutory are applicable to

All industries
Only major industries
All process industries and thermal power plants
All industries employing more than 100 workers

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