According to MAPI formula, the old machine should be replaced by new one when (CAM = Challenger's Adverse minimum DAM = Defender's Adverse minimum)
CAM < DAM
CAM > DAM
CAM = DAM
There is no such criterion
- Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs.…
- Which one of the following techniques is used for determining allowances in time study?
- CPM is
- The start or completion of task is called
- Work study is done with the help of
- The value engineering technique in which experts of the same rank assemble for product development is…
- PERT has following time estimate
- A milestone chart
- PERT
- In Halsey 50-50 plan, output standards are established
- An activity of the project is graphically represented by ________ on the network diagram.
- The main disadvantage of line organisation is
- The objective of time study is to determine the time required to complete a job by
- Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is _________…
- Work study is mainly aimed at
- Monte Carlo solutions in queuing theory are extremely useful in queuing problems
- Micro-motion study is
- Routing assists engineers in deciding in advance
- Gantt charts are used for
- Acceptance sampling is widely used in
- Earliest finish time can be regarded as
- Pick up the correct statement about relationship between various floats
- Which of the following organisations is best suited for steel plants
- In break even analysis, total cost consists of
- An optimum project schedule implies
- CPM requires
- O on a PERT/CPM chart represents
- Linear programming can be applied successfully to
- Which of the following plans motivates supervisors by paying a premium on time saved by workers?
- The procedure of modifying work content to give more meaning and enjoyment to the job by involving employees…