Pessimistic time is
The maximum time which an activity might require
The average time required for a job
The most probable time considering all conditions
The minimum time in which an activity can possibly be accomplished
Correct Answer :
A. The maximum time which an activity might require
Related Questions
Micro-motion study involves following number of fundamental hand motions
8
12
16
20
Routing prescribes the
Flow of material in the plant
Proper utilization of man power
Proper utilization of machines
Inspection of final product
The mathematical technique for finding the best use of limited resources in an optimum manner is known as
Operation research
Linear programming
Network analysis
Breakeven analysis
In steel plant the most important system for materials handling is
Conveyors
Cranes and hoists
Trucks
Locos
In the perpetual inventory control, the material is checked when it reaches its
Minimum value
Maximum value
Average value
Alarming value
Works cost implies
Primary cost
Factory cost
Factory expenses
Primary cost + factory expenses
Gantt charts provide information about
Breakeven point analysis
Production schedule
Material handling layout
Determining selling price
Choose the wrong statement Time study is used to
Determine overhead expenses
Provide a basis for setting piece prices or incentive wages
Determine standard costs
Determine the capability of an operator to handle the number of machines
Replacement studies are made on the following basis:
Annual cost method
Rate of return method
Total life average method
Any one of the above
Direct expenses include
Factory expenses
Selling expenses
Administrative expenses
None of these
An activity of the project is graphically represented by ________ on the network diagram.
A circle
A straight line
An arrow
None of these
Bar charts are suitable for
Minor works
Major works
Large projects
All of the above
Pick up the correct statement from the following
Programmer evaluation and review technique is event oriented
Programmer evaluation and review technique is not event oriented
Critical path method is event oriented
None of the above
The two bin system is concerned with
Ordering procedure
Forecasting sales
Production planning
Despatching and expediting
The basic difference between PERT and CPM is that
PERT deals with events and CPM with activities
Critical path is determined in PERT only
Costs are considered on CPM only and not in PERT
Guessed times are used in PERT and evaluated times in CPM
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
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
Line organisation is suitable for
Sugar industries
Oil refining industries
Spinning and weaving industries
All of these
Probabilistic time for completion of any activity can be found out from
Optimistic time
Pessimistic time
Most likely time
All of these
For a product layout the material handling equipment must
Have full flexibility
Employ conveyor belts, trucks, tractors etc.
Be a general purpose type
Be designed as special purpose for a particular application
Pick up the correct statement from the following
If the float is positive and the activity is delayed by a period equal to its total float, the completion of project in no delayed
If the float of an activity is negative, delay in its performance is bound to delay the completion of project
If the float of an activity is zero, the activity is critical and any delay in its performance will delay the whole project
All of the above
For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be
300
460
500
1000
PERT has following time estimate
One time estimate
Two time estimate
Three time estimate
Four time estimate
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
Product layout is best suited where
One type of product is produced
Product is standardised
Product is manufactured in large quantities
All of the above
Dispatching
Prescribes the sequence of operations to be followed
Determines the programme for the operations
Is concerned with the starting of processes
Regulates the progress of job through various processes
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
Process layout is employed for
Batch production
Continuous type of product
Effective utilisation of machines
All of the above
Inventory control in production, planning and control aims at
Achieving optimisation
Ensuring against market fluctuations
Acceptable customer service at low capital investment in inventory
Discounts allowed in bulk purchase
Positive slack on a PERT indicates that project is
Ahead of schedule
Beyond schedule
As per schedule
On critical path