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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