Industrial Engineering and Production Management The objective of time study is to determine the time required to complete a job by Fast worker Slow worker Average worker New entrant Fast worker Slow worker Average worker New entrant ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Acceptance sampling is widely used in All of these Mass production Batch production Job production All of these Mass production Batch production Job production ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The main objective of work measurement is to All of these Plan and schedule of production Estimate the selling prices and delivery dates Formulate a proper incentive scheme All of these Plan and schedule of production Estimate the selling prices and delivery dates Formulate a proper incentive scheme ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Routing Determines the programme for the operations Is concerned with starting of processes Prescribes the sequence of operations to be followed Regulates the progress of job through various processes Determines the programme for the operations Is concerned with starting of processes Prescribes the sequence of operations to be followed Regulates the progress of job through various processes ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as Halsey Premium plan Rowan Plan Taylor Differential Piece rate system Day work plan Halsey Premium plan Rowan Plan Taylor Differential Piece rate system Day work plan ANSWER DOWNLOAD EXAMIANS APP
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 × P)/V (F × V)/P F/[1 + (V/P)] F/[1 - (V/P)] (F × P)/V (F × V)/P F/[1 + (V/P)] F/[1 - (V/P)] ANSWER DOWNLOAD EXAMIANS APP
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