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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as

Halsey Premium Plan
Taylor Plan
Dry work Plan
Rowan Plan

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Industrial Engineering and Production Management
One time measurement unit (TMU) in method time measurement system equals

0.0006 minute
0.0001 minute
0.001 minute
0.006 minute

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Industrial Engineering and Production Management
An optimum project schedule implies

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

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Industrial Engineering and Production Management
Military organisation is known as

All of these
Line organisation
Line and staff organisation
Functional organisation

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Industrial Engineering and Production Management
Father of industrial engineering is

Henry Laurence Gantt
Frederick Taylor
Jack Gilbert
Isaac Newton

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Industrial Engineering and Production Management
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

Break-even chart
Gantt chart
PERT chart
Flow chart

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