Industrial Engineering and Production Management
The process layout is best suited where

Few number of non-standardized units is to be produced
Specialization exists
Machines are arranged according to sequence of operation
Mass production is envisaged

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Industrial Engineering and Production Management
Dispatching

Prescribes the sequence of operations to be followed
Is concerned with the starting of processes
Determines the programme for the operations
Regulates the progress of job through various processes

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Industrial Engineering and Production Management
Value engineering aims at finding out the

Resale value of a product
Major function of the item and accomplishing the same at least cost without change in quality
Break-even point when machine requires change
Depreciation value of a product

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