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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Travel charts are used to

Analyze material handling
Determine inventory control difficulties
All of these
Plan material handling procedure and routes

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

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

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Industrial Engineering and Production Management
The procedure of modifying work content to give more meaning and enjoyment to the job by involving employees in planning, organisation and control of their work, is termed as

Job rotation
Job enrichment
Job enlargement
Job evaluation

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Industrial Engineering and Production Management
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to

(F × V)/P
F/[1 - (V/P)]
(F × P)/V
F/[1 + (V/P)]

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Industrial Engineering and Production Management
ABC analysis deals with

Ordering schedule of job
Analysis of process chart
Flow of material
Controlling inventory costs money

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Industrial Engineering and Production Management
In product layout

All of these
Specialized and strict supervision is required
Machines can not be used to their maximum capacity
Manufacturing cost rises with a fall in the volume of production

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MORE MCQ ON Industrial Engineering and Production Management

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