Q.1 Explain the following:a) Productivityb) Standard Costingc) Fixed and Variable costd) Marginal Costinge) Value EngineeringQ.2Define method study. Explain the various techniques of method study.Q.3 Discuss the various method of work measurement in detail.Q.4 What do you mean by the term " Financial incentives" and explain thevarious incentives payment schemes?Q.5 Explain the importance of MIS and role of MIS in decesion making.Q.6 Discuss the concept of value engineering and role of ergonomics inproduct design.Q.7 Explain the direct, indirect and overhead costs in detail.Q.8 Discuss concept of material management funtion. What are theactivities involved in material management?Q.9 What are X,R, and C charts? Explain the process control charts forvariables. Also explain the theory of runs.Q.10 Describe the various strategies for improving productivity in detail.

Answered: Q.1 Explain the following: a)…

Engineering

Mechanical Engineering

Q.1 Explain the following: a) Productivity b) Standard Costing c) Fixed and Variable cost

Precision Machining Technology (MindTap Course List)

2nd Edition

ISBN:9781285444543

Author:Peter J. Hoffman, Eric S. Hopewell, Brian Janes

Publisher:Peter J. Hoffman, Eric S. Hopewell, Brian Janes

Chapter2: Measurement, Materials, And Safety

Section2.5: Quality Assurance, Process Planning, And Quality Control

Problem 10RQ: If an X-bar chart graph falls below the LCL or rises above the UCL, a machining process is said to...

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