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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
The time taken by a trained worker to perform an operation, while working a steady pace, is known as

Normal time
Standard time
None of the listed here
Representative time

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Industrial Engineering and Production Management
Actual performance of a task is called

An activity
An event
A duration
None of these

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Industrial Engineering and Production Management
Halsey plan of wage incentive

Is applied to all level of workers
Is based upon efficiency of worker
Does not guarantee minimum wage
Is not applied to all level of workers

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Industrial Engineering and Production Management
Fixed position layout is also known as

Static product layout
None of these
Analytical layout
Synthetic layout

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Industrial Engineering and Production Management
Inventory management consists of

Stock control system
All of these
State of merchandise methods of storing and maintenance etc.
Effective running of stores

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