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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
50
100
75

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Industrial Engineering and Production Management
Standard time is equal to

(Normal time) - (allowances)
Normal time taken by an operation
(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

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

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Industrial Engineering and Production Management
Process layout is employed

Where similar jobs are manufactured on similar machines
Where low volume of production is required
All of these
Where machines are arranged on functional basis

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Industrial Engineering and Production Management
Material handling and plant location is analysed by

Travel chart
Bin chart
Gantt chart
Emerson chart

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Industrial Engineering and Production Management
The disadvantage of product layout is

Production time is longer, requiring more goods in inventory
High initial investment for the specialized facilities
Skilled labour to operate machines
High cost of inspection

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