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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Work study comprises following main techniques

Method study and work measurement
Time study and work measurement
Method study and job evaluation
Method study and time study

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Industrial Engineering and Production Management
An event is indicated on the network by

A number enclosed in a circle or a square
A dotted line
A straight line
A straight line with circles at the ends

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Industrial Engineering and Production Management
Inventory control in production, planning and control aims at

Ensuring against market fluctuations
Discounts allowed in bulk purchase
Acceptable customer service at low capital investment in inventory
Achieving optimization

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Industrial Engineering and Production Management
Break-even analysis consists of

Variable cost
Fixed and variable costs
Operation costs
Fixed cost

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Industrial Engineering and Production Management
The aim of value engineering is to

Minimize the cost without change in quality of the product
Determine the selling price of a product
All of these
Find the depreciation value of a machine

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Industrial Engineering and Production Management
Gantt chart is used for

Machine repair schedules
Production schedule
Inventory control
Material handling

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