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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
75
100
50

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Industrial Engineering and Production Management
M.T.M. is used to

Establish time standards
Develop effective methods in advance of the beginning of production
Improve existing methods
All of these

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Industrial Engineering and Production Management
P.M.T.S. (Predetermined Motion Time Systems) include

M.T.S. (Basic Motion Time Study)
M.T.M. (Method Time Measurement)
All of these
W.F.S. (Work Factor Systems)

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Industrial Engineering and Production Management
Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it

Consumes neither time nor resources
Consumes resources but no time
Is a dangling event
Consumes time, but no resources

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Industrial Engineering and Production Management
The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as

Taylor Plan
Dry work Plan
Halsey Premium Plan
Rowan Plan

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Industrial Engineering and Production Management
Time study is carried out to determine the time required to complete job by

An average worker
A fast worker
A slow worker
An apprentice

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