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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Which of the following is independent of sales forecast?

Productivity
Inventory control
Production planning
Production control

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Industrial Engineering and Production Management
Halsey plan of wage incentive

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

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Industrial Engineering and Production Management
The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time)

(to + tp + tn)/3
(to + 2tp + tn)/4
(to + 4tp + tn)/5
(to + tp + 4tn)/6

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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

Standard time
Normal time
None of the listed here
Representative time

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Industrial Engineering and Production Management
Break-even analysis shows profit when

Sales revenue > total cost
Sales revenue = total cost
Variable cost < fixed cost
Sales revenue < total cost

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Industrial Engineering and Production Management
Simplex method is the method used for

Linear programming
Queuing theory
Network analysis
Value analysis

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