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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
F. W. Taylor introduced a system of organisation known as

Line organisation
Functional organisation
Line, staff and functional organisation
Line and staff organisation

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Industrial Engineering and Production Management
Service time in queuing theory is usually assumed to follow

Poisson’s distribution
Erlang distribution
Exponential law
Normal distribution

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Industrial Engineering and Production Management
Production cost refers to prime cost plus

Factory, administration, sales overheads and profit
Factory and administration overheads
Factory overheads
Factory, administration and sales overheads

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Industrial Engineering and Production Management
Standard time is equal to

Normal time taken by an operation
(Normal time) - (allowances)
(Normal time) + (allowances)
Representative time multiplied by rating factor

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Industrial Engineering and Production Management
Break-even analysis can be used for

Short run analysis
Average of above two run analysis
There is no such criterion
Long run analysis

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