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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The determination of standard time in a complex job system is best done through

Analysis of micro-motions
Stop watch time study
Grouping timing technique
Analysis of standard data system

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Industrial Engineering and Production Management
In value engineering, important consideration is given to

Function concept
Cost reduction
Customer satisfaction
Profit maximization

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

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Industrial Engineering and Production Management
The procedure of modifying work content to give more meaning and enjoyment to the job by involving employees in planning, organisation and control of their work, is termed as

Job evaluation
Job enlargement
Job rotation
Job enrichment

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Industrial Engineering and Production Management
The most suitable incentive plan for the maintenance section of an industry will be

Piece rate system
Group incentive plan
Profit sharing plans
Simplification

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Industrial Engineering and Production Management
Frederick W. Taylor introduced a system of working known as

Line organisation
Functional organisation
Effective organisation
Line and staff organisation

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