Mechanical Engineering:: Industrial Engineering and Production Management

In a functional organisation

A. quality of work is better
B. wastage of material is minimum
C specialised knowledge and guidance to individual worker is provided
D. all of the above

Break even analysis is a

A. short term analysis
B. long term analysis
C average of short and long term analysis
D. any one of these

Sampling method of determining standard time is profitable for long cycle operation.

A. Correct B. Incorrect

A critical activity has

A. maximum slack B. minimum slack
C. zero slack D. average slack

In break even analysis, total cost consists of

A. fixed cost + sales revenue
B. variable cost + sales revenue
C fixed cost + variable cost
D. fixed cost + variable cost + profit

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