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Mechanical Engineering - Industrial Engineering and Production Management

Exercise : Industrial Engineering and Production Management - Section 2
46.
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
Answer: Option
Explanation:
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47.
CPM stands for
Combined Process Method
Critical Path Method
Common Planning Method
Critical Process Method
Answer: Option
Explanation:
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48.
The average time recorded by work study man for an operation is called
standard time
normal time
representative time
none of these
Answer: Option
Explanation:
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49.
In value engineering, important consideration is given to
customer satisfaction
function concept
profit maximisation
cost reduction
Answer: Option
Explanation:
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50.
The unit cost in case of batch production is __________ as compared to jobbing production.
same
low
high
Answer: Option
Explanation:
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