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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

100
75
25
50

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Industrial Engineering and Production Management
What does symbol 'O' imply in work study?

Delay/temporary storage
Transport
Operation
Inspection

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Industrial Engineering and Production Management
The term 'value' in value engineering refers to

Utility of the product
Selling price of the product
Total cost of the product
Manufactured cost of the product

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Industrial Engineering and Production Management
Pick up the correct step used for scheduling a project by C.P.M.

A project is divided into various activities
All of these
Required time for each activity is established
Sequence of various activities is made according to their importance

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Industrial Engineering and Production Management
The main object of scientific layout is

To produce better quality of product
To minimize production delays
All of these
To utilize maximum floor area

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

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

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