CPM requires
Single time estimate
Double time estimate
Triple time estimate
None of these
Correct Answer :
A. Single time estimate
Related Questions
The factors which are to be considered while developing a good wage incentive plan will include
Adequate incentive
Ease of administration
Guaranteed basic pay
All of these
In value engineering, important consideration is given to
Customer satisfaction
Function concept
Profit maximisation
Cost reduction
The bonus increases in proportion to the increase in efficiency. This statement applies to
Halsey plan
Gantt plan
Emerson's efficiency plan
Rowan plan
Probabilistic time for completion of any activity can be found out from
Optimistic time
Pessimistic time
Most likely time
All of these
The linear programming techniques can be applied successfully to industries like
Iron and steel
Food processing
Oil and chemical
All of the above
In a functional organisation
Quality of work is better
Wastage of material is minimum
Specialised knowledge and guidance to individual worker is provided
All of the above
Which of the following is independent of sales forecast?
Productivity
Inventory control
Production planning
Production control
A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is
0.50
0.66
0.84
0.95
Choose the wrong statement. Motion study is used for
Improving a work method
Improvising a work method
Designing a work method
Reducing inventory costs
What does symbol 'V' employ in work study
Operation
Inspection
Delay/ temporary Storage
Permanent storage
Slack represents the difference between the
Latest allowable time and the normal expected time
Latest allowable time and the earliest expected time
Proposed allowable time and the earliest expected time
Normal allowable time and the latest expected time
Earliest finish time can be regarded as
Earliest start time + duration of activity
Earliest start time duration of activity
Latest finish time + duration of activity
Latest finish time duration of activity
In steel plant the most important system for materials handling is
Conveyors
Cranes and hoists
Trucks
Locos
The probability distribution of activity times in PERT follows following distribution
Normal
Binomial
Beta
Exponential
In a line organisation
Responsibility of each individual is fixed
Discipline is strong
Quick decisions are taken
All of these
Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is
25
50
75
100
PERT is applied for
Marketing programmes and advertising programmes
Installation of machinery
Research and development of products
All of these
Acceptance sampling is widely used in
Batch production
Job production
Mass production
All of the above
The technique for establishing and maintaining priorities among the various jobs of any project is known as
Event flow scheduling technique
Critical ratio scheduling
Slotting technique for scheduling
Short interval scheduling
A dummy activity in a net work diagram
Is represented by a dotted line
Is an artificial activity
Does not consume time or resources
All of these
Military organisation is known as
Line organisation
Line and staff organisation
Functional organisation
All of the above
The most popular type of organisation used for Civil Engineering Constructions is
Line organisation
Line and staff organisation
Functional organisation
Effective organisation
Which of the following statement is correct?
A-B-C analysis is based on Pareto's principle
Simulation can be used for inventory control
Economic order quantity formula ignores variations in demand pattern
All of the above
The employees provident fund act is applicable to
All industries
All industries other than small and medium industries
Volunteers
The industries notified by Government
The type of organisation preferred for an automobile industry, is
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
In Halsey 50-50 plan, output standards are established
By time study
From previous production records
From one's judgement
All of the above
Basic tool in work study is
Graph paper
Process chart
Planning chart
Stop watch
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
The simplex method is the basic method for
Value analysis
Operation research
Linear programming
Model analysis
Work sampling is applied for
Estimation of the percentage utilisation of machine tools
Estimating the percentage of the time consumed by various job activities
Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible
All of the above