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  • Question

  • The aim of value engineering is to


  • Options
  • A. find the depreciation value of a machine
  • B. determine the selling price of a product
  • C. minimise the cost without change in quality of the product
  • D. all of the above

  • Correct Answer
  • minimise the cost without change in quality of the product 

    • Industrial Engineering and Production Management problems

    Search Results

    • 1. Job evaluation is the method of determining the

    • Options
    • A. relative values of a job
    • B. worker's performance on a job
    • C. worth of the machine
    • D. value of overall production
      • Discuss
    • 2. The routing function in a production system design is concerned with

    • Options
    • A. manpower utilisation
    • B. quality assurance of the product
    • C. machine utilisation
    • D. optimising material flow through the plant
      • Discuss
    • 3. In inventory control theory, the economic order quantity is

    • Options
    • A. average level of inventory
    • B. optimum lot size
    • C. capacity of a warehouse
    • D. lot size corresponding to break-even analysis
      • Discuss
    • 4. A systematic job improvement sequence will consist of

    • Options
    • A. motion study
    • B. time study
    • C. job enrichment
    • D. all of these
      • Discuss
    • 5. PERT analysis is based upon

    • Options
    • A. optimistic time
    • B. pessimistic time
    • C. most likely time
    • D. all of these
      • Discuss
    • 6. In big automobile repair shop, for elevating and moving the heavy parts such as complete engine assembly, gear box etc., an overhead crane and a fork lift truck is used.

    • Options
    • A. Yes
    • B. No
      • Discuss
    • 7. The main object of scientific layout is

    • Options
    • A. to produce better quality of product
    • B. to utilise maximum floor area
    • C. to minimise production delays
    • D. all of these
      • Discuss
    • 8. In CPM, the cost slope is determined by

    • Options
    • A.
    • B.
    • C.
    • D.
      • Discuss
    • 9. Work study involues

    • Options
    • A. only method study
    • B. only work measurement
    • C. method study and work measurement
    • D. only motion study
      • Discuss
    • 10. Dispatching

    • Options
    • A. prescribes the sequence of operations to be followed
    • B. determines the programme for the operations
    • C. is concerned with the starting of processes
    • D. regulates the progress of job through various processes
      • Discuss

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