Mechanical Guru's

INDUSTRIAL ENGINEERING (ME-3O7 E) TIME: THREE HOURS                                                                                                         MAXIMUM MARKS: 1OO NOTE: - ATTEMPT ANY FIVE QUESTIONS. 1. (A) DISCUSS THE CONTRIBUTION OF I {.L. GANTT AND FRANK B. GILBRETH MADE IN MANAGEMENT THOUGHTS. (B) DISCUSS BRIEFLY THE FUNCTIONS OF INDUSTRIAL ENGINEERING AND THE ROLE IT CAN PLAY IN RAISING INDUSTRIAL PRODUCTIVITY. (10+10) 2. (A) DISCUSS THE METHOD OF TIME SERIES ANALYSIS FOR SALES FORECASTING. GIVE ITS ADVANTAGES AND DISADVANTAGES. (8) (B) A MANUFACTURER OF MUSICAL INSTRUMENTS FINDS THAT THE SEMI ANNUAL SALES OF ONE OF HIS PRODUCTS DURING THE PAST FOUR YEARS HAVE BEEN AS FOLLOWS: USING TIME SERIES ANALYSIS OF THIS DATA OBTAIN A SEASONALLY ADJUSTED FORECAST FOR SEMI ANNUAL SALES DURING THE FIFTH AND SIX YEARS. (12) 3. (A). EXPLAIN THE VARIOUS COSTS ASSOCIATED WITH INVENTORY. (5) (B). A MANUFACTURER REQUIRES RIVETS AT AN APPROXIMATELY CONSTANT RA

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