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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Works cost implies

Primary cost
Factory cost
Primary cost + factory expenses
Factory expenses

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Industrial Engineering and Production Management
Merit rating is the method of determining the

Workers performance on a job
Worth of a machine
Value of overall production
Relative values of a job

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Industrial Engineering and Production Management
The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as

Halsey Premium plan
Rowan Plan
Day work plan
Taylor Differential Piece rate system

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Industrial Engineering and Production Management
Queuing theory deals with problems of

Reducing the waiting time or idle time
Material handling
Better utilization of man services
Effective use of machines

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Industrial Engineering and Production Management
Work study involves

Only method study
Only work measurement
Method study and work measurement
Only motion study

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Industrial Engineering and Production Management
The probability distribution of project completion in PERT follows following distribution

Gaussian
Exponential
Binomial
Normal

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