Mechanical Engineering - Industrial Engineering and Production Management
Exercise :: Industrial Engineering and Production Management - Section 1
| 6. |
In value engineering, the term value refers to |
| A. |
manufacturing cost of the product | | B. |
selling price of the product | | C. |
total cost of the product | | D. |
utility of the product |
Answer: Option D
Explanation:
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| 7. |
In inventory control theory, the economic order quantity is |
| A. |
average level of inventory | | B. |
optimum lot size | | C. |
capacity of a warehouse | | D. |
lot size corresponding to break-even analysis |
Answer: Option B
Explanation:
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| 8. |
Production cost refers to prime cost plus |
| A. |
factory overheads | | B. |
factory and administration overheads | | C. |
factory, administration and sales overheads | | D. |
factory, administration, sales overheads and profit |
Answer: Option A
Explanation:
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| 9. |
A systematic job improvement sequence will consist of |
| A. |
motion study | | B. |
time study | | C. |
job enrichment | | D. |
all of these |
Answer: Option D
Explanation:
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| 10. |
Work sampling is applied for |
| A. |
estimation of the percentage utilisation of machine tools | | B. |
estimating the percentage of the time consumed by various job activities | | C. |
finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible | | D. |
all of the above |
Answer: Option D
Explanation:
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