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
Correct Answer :
A. CAM < DAM
Related Questions
Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it
Consumes time, but no resources
Consumes resources but no time
Consumes neither time nor resources
Is a dangling event
Which of the following are the guidelines for the construction of a network diagram?
Each activity is represented by one and only one arrow in the network
Dangling must be avoided in a network diagram
Dummy activity consumes no time or resource
All of the above
Work study is concerned with
Improving present method and finding standard time
Motivation of workers
Improving production capability
Improving production planning and control
Product layout is best suited where
One type of product is produced
Product is standardised
Product is manufactured in large quantities
All of the above
Basic tool in work study is
Graph paper
Process chart
Planning chart
Stop watch
Bar chart is suitable for
Large project
Major work
Minor work
All of these
According to Rowan plan of wage incentive system, bonus is paid to a worker
Whose output exceeds 67% efficiency
On the percentage of time saved
On the percentage of time worked
On the percentage of standard time
Routing is essential in the following type of industry
Assembly industry
Process industry
Job order industry
Mass production industry
Simplex method is the method used for
Value analysis
Network analysis
Linear programming
Queuing theory
The standard time for a job is
Total work content
Base time + relaxation time
Total work content + basic time
Total work content + delay contingency allowance
Micro-motion study involves following number of fundamental hand motions
8
12
16
20
A big advantage of PERT over Gantt charts is that in the former case
Activities and events are clearly shown
Early start and late finish of an activity are clearly marked
Activity times are clear
Interrelationship among activities is clearly shown.
A milestone chart
Shows the inter dependences of various jobs
Depicts the delay of jobs, if any
Points outgoing ahead of schedule of jobs, if any
None of the above
Performance rating is equal to
Observed performance + normal performance
Observed performance - normal performance
Observed performance × normal performance
None of the above
Linear programming can be applied successfully to
Chemical industry
Oil industry
Banks
All of these
The procedure of modifying work content to give more meaning and enjoyment to the job by involving employees in planning, organisation and control of their work, is termed as
Job enlargement
Job enrichment
Job rotation
Job evaluation
Pick up the correct statement from the following
If the float is positive and the activity is delayed by a period equal to its total float, the completion of project in no delayed
If the float of an activity is negative, delay in its performance is bound to delay the completion of project
If the float of an activity is zero, the activity is critical and any delay in its performance will delay the whole project
All of the above
Which one of the following represents a group incentive plan?
Halsey Premium Plan
Lincoln Plan
Rowan Plan
Taylor Plan
Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is _________ the standard time.
One-fourth
One-half
Equal to
Twice
In ABC control policy, maximum attention is given to
Those items which consume money
Those items which are not readily available
Those × items which are in more demand
Those items which consume more money
The disadvantage of product layout is
High initial investment for the specialized facilities
Skilled labour to operate machines
Production time is longer, requiring more goods in inventory
High cost of inspection
Graphical method, simplex method, and transportation method are concerned with
Breakeven analysis
Value analysis
Linear programming
Queueing theory
In product layout
Specialised and strict supervision is required
Machines can not be used to their maximum capacity
Manufacturing cost rises with a fall in the volume of production
All of the above
In time study, the rating factor is applied to determine
Standard time of a job
Merit rating of the worker
Fixation of incentive rate
Normal time of a worker
A CPM family includes
CPA (Critical Path Analysis)
CPP (Critical Path Plotted)
CPS (Critical Path Scheduling)
All of the above
When slack of an activity is negative
It represents a situation where extra resources are available and the completion of project is not delayed
It represents that a programme falls behind schedule and additional resources are required to complete the project in time
The activity is critical and any delay in its performance will delay the completion of whole project
All of the above
PMTP (predetermined motion time systems) include
MTM (method time measurement)
WFS (work factor systems)
BNTS (basic motion time study)
All of the above
P.M.T.S. (Predetermined Motion Time Systems) include
M.T.M. (Method Time Measurement)
W.F.S. (Work Factor Systems)
B.M.T.S. (Basic Motion Time Study)
All of these
In steel plant the most important system for materials handling is
Conveyors
Cranes and hoists
Trucks
Locos
CPM requires
Single time estimate
Double time estimate
Triple time estimate
None of these