O on a PERT/CPM chart represents
An ordinary event
A significant event representing some milestone
An event to be transferred to other network chart
Dangling event
Correct Answer :
A. An ordinary event
Related Questions
Works cost implies
Primary cost
Factory cost
Factory expenses
Primary cost + factory expenses
The grouping of activities into organisational units is called
Corporate plans
Higher level management
Functional authority
Departmentation
Bar chart is suitable for
Large project
Major work
Minor work
All of these
What does symbol 'D' imply in work study?
Inspection
Transport
Delay/temporary storage
Permanent storage
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
Critical path moves along the activities having total float of
Positive value
Negative value
Zero value
Same value
Which of the following charts are used for plant layout design?
Operation process chart
Man machine chart
Travel chart
All of these
In fixed position layout
Total production cost is less
Material movement is less
Capital investment is minimum
All of these
The probability distribution of project completion in PERT follows following distribution
Normal
Binomial
Exponential
Gaussian
Positive slack on a PERT indicates that project is
Ahead of schedule
Beyond schedule
As per schedule
On critical path
In the Halsey system of wage incentive plan, a worker is
Paid as per efficiency
Ensured of minimum wages
Not paid any bonus till his efficiency
Never a loser
PERT/CPM, techniques can be used for following applications
Once through project
Maintenance jobs
Research and development
All of the above
Pick up the incorrect statement from the following. A critical ratio scheduling
Establishes the relative priorities among various activities on a common basis
Determines the status of each activity
Adjusts automatically changes in activity progress
None of the above
CPM is the
Time oriented technique
Event oriented technique
Activity oriented technique
Target oriented technique
The critical path of a network represents
The minimum time required for completion of project
The maximum time required for completion of project
Maximum cost required for completion of project
Minimum cost required for completion of project
Merit rating is the method of determining the
Relative values of a job
Workers performance on a job
Worth of a machine
Value of overall production
The technique of value analysis can be applied to
Complicated items only
Simple items only
Crash programmer items only
Any item
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
In process layout
Handling and backtracking of materials is too much
Production control is more difficult and costly
Routing and scheduling is more difficult
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
Standard time is equal to
(Normal time) - (allowances)
(Normal time) + (allowances)
Representative time multiplied by rating factor
Normal time taken by an operation
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
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 value engineering technique in which experts of the same rank assemble for product development is called
Delphi
Brain storming
Morphological analysis
Direct expert comparison
Choose the wrong statement. Motion study is used for
Improving a work method
Improvising a work method
Designing a work method
Reducing inventory costs
The type of layout used for manufacturing steam turbines, is
Product layout
Process layout
Fixed position layout
Any one of these
Pick up the correct step used for scheduling a project by C.P.M.
A project is divided into various activities
Required time for each activity is established
Sequence of various activities is made according to their importance
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
What does symbol 'V' employ in work study
Operation
Inspection
Delay/ temporary Storage
Permanent storage
Queuing theory is associated with
Sales
Inspection time
Waiting time
Production time