Exercise: Industrial Engineering And Production Management

Questions for: Industrial Engineering And Production Management

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