Final answer:
The statement that industrial engineering is concerned with analyzing work methods and establishing time standards to improve efficiency is true. Industrial engineers focus on designing efficient resource organizations and improving systems through meticulous study of work processes, as exemplified by Frederick W. Taylor's principles of scientific management.
Step-by-step explanation:
Industrial engineering is indeed concerned with the analysis of work methods and the establishment of time standards to improve efficiency. This statement is true. Industrial engineers are tasked with designing and implementing cost-effective resource organizations for the production and distribution of goods and services. Among the many responsibilities of industrial engineers is to improve systems by analyzing the work involved, conducting time and motion studies, and establishing time standards to enhance not only efficiency but also worker safety and ergonomics. Frederick W. Taylor, known for his advocacy of "scientific management," methodically studied production processes to increase efficiency, an approach that revolutionized industrial operations, especially in manufacturing environments.