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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is

25
50
75
100

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Industrial Engineering and Production Management
Which one of the following techniques is used for determining allowances in time study?

Acceptance sampling
Work sampling
Linear regression
Performance rating

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Industrial Engineering and Production Management
The break-even point represents

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

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Industrial Engineering and Production Management
F. W. Taylor introduced a system of organisation known as

Functional organisation
Line, staff and functional organisation
Line and staff organisation
Line organisation

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Industrial Engineering and Production Management
Slack of various events on the critical path in PERT/CPM chart

Remain constant
May increase or decrease depending on various factors
Increases continuously
Decreases continuously

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Industrial Engineering and Production Management
Discrepancies of bar chart techniques are

Consequential effects of lack in one activity on the finish date
Effective monitoring/controlling can't be done
Free time available for an activity can't be predicted
All of these

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