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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The term 'value' in value engineering refers to

Utility of the product
Total cost of the product
Manufactured cost of the product
Selling price of the product

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

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

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Industrial Engineering and Production Management
According to MAPI formula, the old machine should be replaced by new one when
(Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum)

There is no such criterion
CAM < DAM
CAM = DAM
CAM > DAM

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Industrial Engineering and Production Management
The amount deducted from the salary of workers towards employee’s provident fund is

Deposited in nationalized bank
Deposited in the account of worker with Provident Fund Commissioner
Credited into reserves of company
Deposited in post office

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Industrial Engineering and Production Management
A low unit cost can be obtained by following

Functional layout
Product layout
Automatic material handling equipment
Specialization of operation

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Industrial Engineering and Production Management
Work study comprises following main techniques

Method study and time study
Time study and work measurement
Method study and job evaluation
Method study and work measurement

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MORE MCQ ON Industrial Engineering and Production Management

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