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Industrial Engineering and Production Management

Industrial Engineering and Production Management
The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store

Inflated system
Fixed price method
Current value method
Primary cost method

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Industrial Engineering and Production Management
Father of industrial engineering is

Jack Gilbert
Frederick Taylor
Henry Laurence Gantt
Isaac Newton

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Industrial Engineering and Production Management
Break-even analysis shows profit when

Sales revenue < total cost
Sales revenue = total cost
Sales revenue > total cost
Variable cost < fixed cost

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Industrial Engineering and Production Management
Standing orders which are statutory are applicable to

Only major industries
All industries employing more than 100 workers
All industries
All process industries and thermal power plants

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Industrial Engineering and Production Management
If TL is the largest allowable event occurrence time, total activity slack (s) is equal to

TLEFT
All of these
Latest start time earliest start time
Latest finish time earliest finish time (EFT)

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Industrial Engineering and Production Management
Choose the wrong statement. Motion study is used for

Reducing inventory costs
Designing a work method
Improvising a work method
Improving a work method

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