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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Work study comprises following main techniques

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

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Industrial Engineering and Production Management
The break-even point represents

Time when industry will undergo loss
The most economical level of operation of any industry
The time when company can make maximum profits
The time when unit can run without any loss and profit

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Industrial Engineering and Production Management
The interchangeability can be achieved by

Better product planning
Bonus plan
Standardization
Better process planning

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Industrial Engineering and Production Management
'O' on a PERT/CPM chart represents

A significant event representing some milestone
An ordinary event
Dangling event
An event to be transferred to other network chart

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Industrial Engineering and Production Management
Process layout is also known as

Synthetic layout
Analytical-layout
Static product layout
None of these

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Industrial Engineering and Production Management
What does symbol 'O' imply in work study?

Inspection
Operation
Transport
Delay/temporary storage

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