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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The time of completing a project in network analysis is given by following time of the critical activity meeting at the final triode

Late start
Late finish
Early start
Early finish

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Industrial Engineering and Production Management
The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time)

(to + 2tp + tn)/4
(to + 4tp + tn)/5
(to + tp + 4tn)/6
(to + tp + tn)/3

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Industrial Engineering and Production Management
Work study is concerned with

Improving production planning and control
Improving production capability
Improving present method and finding standard time
Motivation of workers

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Industrial Engineering and Production Management
Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is

100
75
50
25

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Industrial Engineering and Production Management
Production cost refers to prime cost plus

Factory, administration, sales overheads and profit
Factory and administration overheads
Factory, administration and sales overheads
Factory overheads

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Industrial Engineering and Production Management
Standard time as compared to normal time is

Smaller
Greater
There is no such correlation
Equal

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