Performance rating is equal to
Observed performance + normal performance
Observed performance - normal performance
Observed performance × normal performance
None of the above
Correct Answer :
D. None of the above
Related Questions
Gantt charts provide information about
Breakeven point analysis
Production schedule
Material handling layout
Determining selling price
The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as
Dry work Plan
Halsey Premium Plan
Taylor Plan
Rowan Plan
In queuing theory, the nature of the waiting situation can be studied and analysed mathematically if
Complete details of items in, waiting line are known
Arrival and waiting times are known and can be grouped to form a waiting line model
All variables and constants are known and form a linear equation
The laws governing arrivals, service times, and the order in which the arriving units are taken into source are known
According to MAPI formula, the old machine should be replaced by new one when (CAM = Challenger's Adverse minimum DAM = Defender's Adverse minimum)
CAM < DAM
CAM > DAM
CAM = DAM
There is no such criterion
Routing assists engineers in deciding in advance
The flow of material in the plant
The methods of proper utilization of manpower
The methods of proper utilization of machines
The layout of factory facilities
The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store
Inflated system
Primary cost method
Current value method
Fixed price method
Product layout is also known as
Analytical layout
Synthetic layout
Static product layout
None of these
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
Pick up the correct statement from the following
Critical path method is an improvement upon bar chart method
Critical path method provides a realistic approach to the daily problems
Critical path method avoids delays which are very common in bar chart
All of the above
Which of the following plans motivates supervisors by paying a premium on time saved by workers?
Halsey plan
Rowan plan
Haynes plan
Emerson's plan
Bin card is used in
Administrative wing
Workshop
Foundry shop
Stores
Scheduling gives information about
When work should start and how much work should be completed during a certain period
When work should complete
That how idle time can be minimized
Proper utilisation of machines
Work study is mainly aimed at
Determining the most efficient method of performing a job
Establishing the minimum time of completion of a job
Developing the standard method and standard time of a job
Economising the motions involved on the part of the worker while performing a job
In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches
50 %
66.67 %
75 %
80 %
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 process capability of a machine is defined as the capability of the machine to
Produces a definite volume of work per minute
Perform definite number of operations
Produce job at a definite spectrum of speed
Holds a definite spectrum of tolerance and surface finish
Critical path moves along the activities having total float of
Positive value
Negative value
Zero value
Same value
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
Value engineering aims at finding out the
Depreciation value of a product
Resale value of a product
Major function of the item and accomplishing the same at least cost without change in quality
Breakeven point when machine requires change
The term 'value' in value engineering refers to
Total cost of the product
Selling price of the product
Utility of the product
Manufactured cost of the product
Current assets include
Manufacturing plant
Manufacturing plant and equipment
Inventories
Common stock held by the firm
Break-even analysis consists of
Fixed expenses
Variable cost
Sales revenue
All of these
P.M.T.S. (Predetermined Motion Time Systems) include
M.T.M. (Method Time Measurement)
W.F.S. (Work Factor Systems)
B.M.T.S. (Basic Motion Time Study)
All of these
Choose the wrong statement. Motion study is used for
Improving a work method
Improvising a work method
Designing a work method
Reducing inventory costs
Pick up the correct statement about relationship between various floats
Free float = total float
Independent float = total float
Independent float > free float
Independent float < free float
If TL is the largest allowable event occurrence time, total activity slack (s) is equal to
Latest start time earliest start time
Latest finish time earliest finish time (EFT)
TLEFT
All of the above
The breakeven point represents
The most economical level of operation of any industry
The time when unit can run without i loss and profit
Time when industry will undergo loss
The time when company can make maximum profits
The salient feature of functional organisation is
Strict adherence to specification
Separation of planning and design part
Each individual maintains functional efficiency
All of the above
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
The most popular type of organisation used for Civil Engineering Constructions is
Line organisation
Line and staff organisation
Functional organisation
Effective organisation