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Industrial Engineering and Production Management

Industrial Engineering and Production Management
'Value' for value engineering and analysis purposes is defined as

Depreciated value
Purchase value
Function/cost
Saleable value

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Industrial Engineering and Production Management
The simplex method is the basic method for

Model analysis
Linear programming
Operation research
Value analysis

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Industrial Engineering and Production Management
The deductions for, employees provident fund start

After 60 days of joining the service
Immediately on joining the service
After 100 days of joining the service
After 240 days of joining the service

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Industrial Engineering and Production Management
Halsey plan of wage incentive

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

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Industrial Engineering and Production Management
Motion study involves analysis of

Actions of operator
All of these
Tooling and equipment
Layout of work place

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Industrial Engineering and Production Management
Replacement studies are made on the following basis

Total life average method
Annual cost method
Rate of return method
Any one of the above

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