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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Works cost implies

Factory cost
Primary cost + factory expenses
Primary cost
Factory expenses

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Industrial Engineering and Production Management
Which of the following wage incentive plan is applied to all workers?

Halsey plan
Emerson's efficiency plan
Gantt plan
Rowan plan

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Industrial Engineering and Production Management
Job evaluation is the method of determining the

Relative worth of jobs
Contribution of a job
Contribution of a worker
Skills required by a worker

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Industrial Engineering and Production Management
A feasible solution to the linear programming problem should

Satisfy the non-negativity restrictions
Satisfy the problem constraints
Satisfy the problem constraints and non-negativity restrictions
Optimise the objective function

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Industrial Engineering and Production Management
If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to

F/[1 + (V/P)]
(F × P)/V
F/[1 - (V/P)]
(F × V)/P

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Industrial Engineering and Production Management
In PERT analysis, critical path is obtained by joining events having

Zero slack
-ve slack
+ve slack
Dummy activities

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