The aim of value engineering is to - Industrial Engineering and Production Management Quiz

Mechanical Engineering : Industrial Engineering and Production Management - Quiz(MCQ)

The aim of value engineering is to

determine the selling price of a product

find the depreciation value of a machine

minimise the cost without change in quality of the product

All of the above

Correct Answer : Option (C) : minimise the cost without change in quality of the product

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In a functional organisation

quality of work is better

wastage of material is minimum

specialised knowledge and guidance to individual worker is provided

All of the above

Correct Answer : All of the above

The most important function of inventory control is

stock control system

to run the stores effectively

technical responsibility for the state of materials

All of the above

Correct Answer : All of the above

The purpose of micromotion study is to

assist in finding out the most efficient way of doing work

help in collecting the motion time data for synthetic time standards

train the individual operator regarding the motion economy principles

All of the above

Correct Answer : All of the above