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

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Industrial Engineering and Production Management
In manufacturing management, the term 'Dispatching' is used to describe

Dispatch of finished product of the user
Dispatch of sales order
Dispatch of factory mail
Dispatch of work orders through shop floor

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Industrial Engineering and Production Management
Which of the following incentive plans ensures a part of the swing to the worker and rest to the employer?

Gilbert plan
Emerson efficiency plan
Taylor plan
Halsey premium plan

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Industrial Engineering and Production Management
In A-B-C analysis, which class of items are generally large in number?

B
A
C
None of these

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Industrial Engineering and Production Management
The salient feature of functional organisation is

Each individual maintains functional efficiency
Separation of planning and design part
Strict adherence to specification
All of these

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