Mechanical Engineering - Industrial Engineering and Production Management

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