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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The time which results in the least possible direct cost of an activity is known as

Normal time
Standard time
Slow time
Crash time

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Industrial Engineering and Production Management
In order to avoid excessive multiplication of facilities, the layout preferred is

Product layout
Static layout
Group layout
Process layout

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Industrial Engineering and Production Management
The aim of value engineering is to

All of these
Determine the selling price of a product
Minimize the cost without change in quality of the product
Find the depreciation value of a machine

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

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

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Industrial Engineering and Production Management
A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is

0.95
0.66
0.84
0.5

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Industrial Engineering and Production Management
In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches

0.8
0.5
0.75
0.6667

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