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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
75
100
25

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

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

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Industrial Engineering and Production Management
Work study involves

Only method study
Only work measurement
Method study and work measurement
Only motion study

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Industrial Engineering and Production Management
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to

(F × P)/V
(F × V)/P
F/[1 - (V/P)]
F/[1 + (V/P)]

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Industrial Engineering and Production Management
Which of the following equations is not in conformity with others?

Ability × motivation = performance
Organization performance × motivation = profits
Knowledge × skill = ability
Attitude × situation = motivation

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Industrial Engineering and Production Management
The determination of standard time in a complex job system is best done through

Analysis of micro-motions
Stop watch time study
Analysis of standard data system
Grouping timing technique

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