ST.

THOMAS INSTITUTE FOR SCIENCE & TECHNOLOGY

THIRUVANANTHAPURAM
Class No: Name:

CONTINUOUS ASSESSMENT EXAMINATION I, FEBRUARY 2014 08.802 Time: 2 hours EIGHTH SEMESTER (MECHANICAL) INDUSTRIAL ENGINEERING (M) Max.Marks: 50

1. 2. 3. 4. 5.

(Answer all questions) PART-A What is FMS? Explain its components. What are the different types of Maintenance policies? Compare Preventive maintenance and Break Down maintenance. What are the factors influencing Manufacturing-Purchase decisions? Write short notes on Break-Even Analysis and C-V-P Analysis. What is Time rate wage system and Piece rate wage system? What are its advantages?
(5*4=20 marks)

PART-B 6. Explain any 6 methods for calculating Depreciation OR 7. Explain the principles of Material Handling. 8. Explain the different types of Material Handling equipment used for transporting, including their applications. OR 9. Explain the different Wage Incentive Plans. 10. An engineering company is offered a material handling equipment. This MH equipment is priced at Rs. 60,000 including cost of installation and the cost for operation and maintenance are estimated to be Rs. 10,000 for 5 years, and increasing every year by Rs. 3000 per year thereafter. The company expects a return of 10% on all its investments. What is the optimal replacement period? (operation and maintenance costs are charged only after first year) OR 11. a. An old car was purchased for Rs. 32,000. Its life was estimated as ten years and the scrap value as Rs. 18,000. Using the reducing balances method, calculate the depreciation rate (%). b. The cost of a machine is Rs. 6,000 and its scrap value after 4 years is Rs. 3,000. Assuming an interest rate of 4% per year, find the depreciation rate per year. c. Calculate the annual rate of depreciation from the following data, using the sinking fund method. Cost of asset Rs. 6,000 Interest at the rate of 4% (compound) Scrap value Rs. 3,000 Useful life period 3 years. (3*10=30 marks)