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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The probability distribution of activity times in PERT follows following distribution

Beta
Normal
Exponential
Binomial

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Industrial Engineering and Production Management
The standard time for a job is

Base time + relaxation time
Total work content + basic time
Total work content
Total work content + delay contingency allowance

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Industrial Engineering and Production Management
Time study is used to

All of the these
Provide a basis for setting piece price or incentive wages
Determine standard costs
Determine the number of machines a person may run

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Industrial Engineering and Production Management
Work sampling observations are taken on the basis of

Past experience
Detailed calculations
Convenience
Table of random numbers

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Industrial Engineering and Production Management
Gantt chart is used for

Production schedule
Material handling
Inventory control
Machine repair schedules

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

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

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