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
Correct Answer :
B. One-half
Related Questions
The time which results in the least possible direct cost of an activity is known as
Normal time
Slow time
Crash time
Standard time
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
PERT
Provides an approach for keeping planning up-to-date
Provides a way for management to require that planning be done on a uniform and logical basis
Permits management to foresee quickly the impact of variations from the plan
All of the above
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
Probabilistic time for completion of any activity can be found out from
Optimistic time
Pessimistic time
Most likely time
All of these
Critical path method
Helps in ascertaining time schedules
Makes better and detailed planning possible
Provides a standard method for communicating project plans schedules and to time and cost performance
All of the above
Replacement studies are made on the following basis:
Annual cost method
Rate of return method
Total life average method
Any one of the above
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
The amount deducted from the salary of workers towards employees provident fund is
Credited into reserves of company
Deposited in nationalised bank
Deposited in post office
Deposited in the account of worker with Provident Fund Commissioner
Emergency rush order can be pushed more effectively in
Job production
Automatic production
Continuous production
Intermittent production
Which of the following is independent of sales forecast?
Productivity
Inventory control
Production planning
Production control
Abbreviated work factor data is applied for
Material handling operation
Maintenance operation
Packing and shipping operation
All of these
Gantt charts are used for
Forecasting sales
Production schedule
Scheduling and routing
Linear programming
Bin card is used in
Administrative wing
Workshop
Foundry shop
Stores
An event is indicated on the network by
A straight line
A number enclosed in a circle or a square
A straight line with circles at the ends
A dotted line
In Halsey 50-50 plan, output standards are established
By time study
From previous production records
From one's judgement
All of the above
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
A feasible solution to the linear programming problem should
Satisfy the problem constraints
Optimise the objective function
Satisfy the problem constraints and non-negativity restrictions
Satisfy the non-negativity restrictions
Product layout is employed for
Batch production
Continuous production
Effective utilization of machine
All of the above
What does symbol 'O' imply in work study?
Operation
Inspection
Transport
Delay/temporary storage
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
Which of the following statement is correct?
When slack of an activity is zero, it falls only on critical path.
CPM technique is useful to minimise the direct and indirect expenses.
Critical path of a net work represents the minimum time required for completion of project.
All of the above
Father of time study was
F.W. Taylor
H.L. Gantt
F.B. Gilbert
R.M. Barnes
Which of the following charts are used for plant layout design?
Operation process chart
Man machine chart
Travel chart
All of these
At the breakeven point,
Total cost is more than the sales revenue
Total cost is less than the sales revenue
Total cost is equal to sales revenue
Fixed cost is equal to variable cost
Acceptance sampling is widely used in
Batch production
Job production
Mass production
All of the above
In which of the following layouts, the lines need to the balanced
Process layout
Product layout
Fixed position layout
Plant layout
For ship vessel industry the following layout is best suited
Process layout
Product layout
Fixed position layout
Plant layout
For material transportation, conveyors are used when the prevailing conditions include
Loads are uniform
Routes do not vary
Materials move relatively continuously
All of these
The allowed time for a job equals standard time plus
Policy allowance
Interference allowance
Process allowance
Learning allowance