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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

50
100
25
75

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Industrial Engineering and Production Management
Abbreviated work factor data is applied for

All of these
Packing and shipping operation
Maintenance operation
Material handling operation

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Industrial Engineering and Production Management
The routing function in a production system design is concerned with

Manpower utilization
Machine utilization
Quality assurance of the product
Optimizing material flow through the plant

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Industrial Engineering and Production Management
Current assets include

Manufacturing plant
Common stock held by the firm
Manufacturing plant and equipment
Inventories

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Industrial Engineering and Production Management
The allowed time for a job equals standard time plus

Learning allowance
Interference allowance
Process allowance
Policy allowance

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Industrial Engineering and Production Management
PERT requires

Single time estimate
None of the listed here
Double time estimate
Triple time estimate

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