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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The two bin system is concerned with

Forecasting sales
Production planning
Despatching and expediting
Ordering procedure

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Industrial Engineering and Production Management
The break-even point represents

The time when company can make maximum profits
Time when industry will undergo loss
The most economical level of operation of any industry
The time when unit can run without any loss and profit

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Industrial Engineering and Production Management
In process layout

Production control is more difficult and costly
Routing and scheduling is more difficult
All of these
Handling and backtracking of materials is too much

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Industrial Engineering and Production Management
For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be

460
1000
500
300

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Industrial Engineering and Production Management
Gantt chart is used for

Material handling
Machine repair schedules
Inventory control
Production schedule

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Industrial Engineering and Production Management
In the perpetual inventory control, the material is checked when it reaches its

Alarming value
Minimum value
Maximum value
Average value

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MORE MCQ ON Industrial Engineering and Production Management

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