Standard time of a job
Merit rating of the worker
Fixation of incentive rate
Normal time of a worker
C. Fixation of incentive rate
Job enlargement
Job enrichment
Job rotation
Job evaluation
One time estimate
Two time estimate
Three time estimate
Four time estimate
EF = ES + D
LS = LFD
LF = LS + D
All of the above
Fast worker
Average worker
Slow worker
New entrant
Fixed and variable cost lines intersect
Fixed and total cost lines intersect
Variable and total cost lines intersect
Sales revenue and total expensive lines intersect
Determine standard costs
Determine the number of machines a person may run
Provide a basis for setting piece price or incentive wages
All of the above
Single time estimate
Double time estimate
Triple time estimate
None of these
Dummy
Event
Activity
Contract
2 HA
1.33 HA
1.5 HA
1.15 HA
A project will always be behind schedule, if left uncorrected
Cost of project will always be more than the estimated cost, if no timely corrections are taken
A project can be subdivided into a set of predictable, independent activities
Activities are fixed and can't be changed
Material handling
Reducing the waiting time or idle time
Better utilization of man services
Effective use of machines
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
Whose output exceeds 67% efficiency
On the percentage of time saved
On the percentage of time worked
On the percentage of standard time
Paid as per efficiency
Ensured of minimum wages
Not paid any bonus till his efficiency
Never a loser
Top level executives have to do excessive work
Structure is rigid
Communication delays occur
All of the above
Marketing programmes and advertising programmes
Installation of machinery
Research and development of products
All of these
(Normal time) - (allowances)
(Normal time) + (allowances)
Representative time multiplied by rating factor
Normal time taken by an operation
Inflated system
Primary cost method
Current value method
Fixed price method
Increases continuously
Decreases continuously
Remain constant
May increase or decrease depending on various factors
Process layout
Product layout
Fixed position layout
Plant layout
Immediately on joining the service
After 60 days of joining the service
After 100 days of joining the service
After 240 days of joining the service
Process chart
Material handling
Stop watch
All of the above
Piece rate system
Group incentive plan
Profit sharing plans
Simplification
TR
TR + [(S - T)/2] × R
TR + (S - T) × R
TR + [(S - T)/S] × R
Relations between factors must be linear (positive)
Relations between factors must be linear (negative)
Either (A) or (B)
Only one factor should change at a time, others remaining constant
Method study and work measurement
Method study and time study
Time study and work measurement
Method study and job evaluation
Once through project
Maintenance jobs
Research and development
All of the above
Fixed cost
Variable cost
Fixed cost + variable cost
Fixed cost + variable cost + overheads
One type of product is produced
Product is standardised
Product is manufactured in large quantities
All of the above
Job production
Automatic production
Continuous production
Intermittent production