Activity slack or float of any event on a PERT/CPM chart is represented by
Latest start time of succeeding event earliest finish time of preceding event activity time
Latest start time of the event earliest start time of the event
Latest finish time of event earliest finish time of the event
Anyone of the above
Correct Answer :
D. Anyone of the above
Related Questions
Which of the following organisation is preferred in automobile industry?
Functional organisation
Line organisation
Staff organisation
Line and staff organisations
The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of
Product layout
Process layout
Fixed position layout
A combination of line and process layout
The correct sequence of phases in value engineering is
Creative phase, information phase, investigation phase, evaluation phase
Information phase, creative phase, investigation phase, evaluation phase
Investigation phase, information phase, creative phase, evaluation phase
Creative phase, investigation phase, evaluation phase, information phase
In the cost structure of a product, the selling price is determined by the factors such as
Sales turn over
Lowest competitive price
Various elements of the cost
All of the above
Which of the following equations is not in conformity with others?
Organisation performance × motivation = profits
Knowledge × skill = ability
Ability × motivation = performance
Attitude × situation = motivation
Break-even analysis can be used for
Short run analysis
Long run analysis
Average of above two run analysis
There is no such criterion
The appellate authority for an industrial dispute is
Management
Labour court
High court/supreme court
Board of directors
Critical path on PERT/CPM chart is obtained by joining the events having
Maximum slack
Minimum slack
Average slack
No slack
Inventory management consists of
Effective running of stores
State of merchandise methods of storing and maintenance etc.
Stock control system
All of the above
The objective of time study is to determine the time required to complete a job by
Fast worker
Average worker
Slow worker
New entrant
PERT is the
Time oriented technique
Event oriented technique
Activity oriented technique
Target oriented technique
Military type of organisation is known as
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
Breakeven analysis consists of
Fixed cost
Variable cost
Fixed and variable costs
Operation costs
The chart which gives an estimate about the amount of materials handling between various work stations is known as
Flow chart
Process chart
Travel chart
Operation chart
An optimum project schedule implies
Optimum utilization of men, machines and materials
Lowest possible cost and shortest possible time for project
Timely execution of project
To produce best results under given constraints
Gantt charts are used for
Forecasting sales
Production schedule
Scheduling and routing
Linear programming
In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on:
A standard rating system
A merit rating system
A job evaluation system
His individual performance
Which of the following incentive plans ensures a part of the swing to the worker and rest to the employer?
Emerson efficiency plan
Taylor plan
Halsey premium plan
Gilbert plan
The type of organisation preferred for an automobile industry, is
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
Monte Carlo solutions in queuing theory are extremely useful in queuing problems
That can't be analysed mathematically
Involving multistage queuing
To verify mathematical results
All of the above
The essential condition for the decompression of an activity is that
The project time should change due to decompression
After decompression the time of an activity invariably exceeds its normal time
An activity could be decompressed to the maximum extent of its normal time
None of the above
The purpose of micro-motion study is to
Assist in finding out the most efficient way of doing work
Train the individual operator regarding the motion economy principles
Help in collecting the motion time data for synthetic time standards
All of the above
PERT analysis is based on
Optimistic time
Pessimistic time
Most likely time
All of the above
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
A-B-C analysis
Is a basic technique of materials management
Is meant for relative inventory control
Does not depend upon the unit cost of the item but on its annual consumption
All of the above
The main disadvantage of line organisation is
Top level executives have to do excessive work
Structure is rigid
Communication delays occur
All of the above
In micro-motion study, therblig is described by
A symbol
An event
An activity
Standard symbol and colour
The main object of scientific layout is
To produce better quality of product
To utilise maximum floor area
To minimise production delays
All of these
One of the basic essentials of an incentive plan is that
A differential piece rate system should exist
Minimum wages should be guaranteed
Provide incentive to group efficiency performance
All standards should be based on time studies
Material handling and plant location is analysed by
Gantt chart
Bin chart
Emerson chart
Travel chart