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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The employees provident fund act is applicable to

All industries
Volunteers
The industries notified by Government
All industries other than small and medium industries

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Industrial Engineering and Production Management
Works cost implies

Primary cost + factory expenses
Primary cost
Factory expenses
Factory cost

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Industrial Engineering and Production Management
In Halsey 50-50 plan, output standards are established

From one's judgment
By time study
From previous production records
All of these

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Industrial Engineering and Production Management
In break even analysis, total cost consists of

Fixed cost + variable cost
Fixed cost + variable cost + profit
Variable cost + sales revenue

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Industrial Engineering and Production Management
Graphical method, simplex method, and transportation method are concerned with

Break-even analysis
Value analysis
Linear programming
Queueing theory

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Industrial Engineering and Production Management
Critical path on PERT/CPM chart is obtained by joining the events having

Minimum slack
Average slack
No slack
Maximum slack

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