Mechanical Engineering - Industrial Engineering and Production Management

Exercise : Industrial Engineering and Production Management - Section 4
6.
If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by
Answer: Option
Explanation:
No answer description is available. Let's discuss.

7.
CPM requires
single time estimate
double time estimate
triple time estimate
none of these
Answer: Option
Explanation:
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8.
Halsey plan of wage incentive
is not applied to all level of workers
is applied to all level of workers
does not guarantee minimum wage
is based upon efficiency of worker
Answer: Option
Explanation:
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9.
Which of the following wage incentive plan is applied to all workers?
Halsey plan
Gantt plan
Emerson's efficiency plan
Rowan plan
Answer: Option
Explanation:
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10.
Actual performance of a task is called
an event
an activity
a duration
none of these
Answer: Option
Explanation:
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