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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
100
75
50

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Industrial Engineering and Production Management
Valve analysis is particularly of interest when

Jobbing work economics are involved
Production is on large scale
Only few components are involved
Costly equipment is used

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Industrial Engineering and Production Management
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

Flow chart
Gantt chart
PERT chart
Break-even chart

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Industrial Engineering and Production Management
In crash program for a project

indirect costs increase and direct costs decrease
direct costs increase and indirect costs decrease
cost is no criterion
both direct and indirect costs, increase

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Industrial Engineering and Production Management
The employees provident fund act is applicable to

All industries
The industries notified by Government
All industries other than small and medium industries
Volunteers

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Industrial Engineering and Production Management
Queuing theory is associated with

Inspection time
Waiting time
Production time
Sales

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