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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The simplex method is the basic method for

Model analysis
Operation research
Value analysis
Linear programming

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Industrial Engineering and Production Management
PERT stands for

Planning Estimation and Resulting Technique
Program Estimation and Reporting Technique
Process Estimation and Review Technique
Program Evaluation and Review Technique

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Industrial Engineering and Production Management
Material handling and plant location is analysed by

Emerson chart
Travel chart
Gantt chart
Bin chart

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

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

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Industrial Engineering and Production Management
Which of the following conditions are necessary for applying linear programming?

All of these
These must be a well defined objective function.
The resources must be in limited supply.
The decision variables should be interrelated and nonnegative.

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Industrial Engineering and Production Management
An optimum project schedule implies

Optimum utilization of men, machines and materials
To produce best results under given constraints
Lowest possible cost and shortest possible time for project
Timely execution of project

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