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
Correct Answer :
D. Independent float < free float
Related Questions
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
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
In ABC control policy, maximum attention is given to
Those items which consume money
Those items which are not readily available
Those × items which are in more demand
Those items which consume more money
The probability distribution of activity times in PERT follows following distribution
Normal
Binomial
Beta
Exponential
Indirect expenses include
Factory expenses
Selling expenses
Administrative expenses
All of these
Percent idle time for men or machines is found by
Work sampling
Time study
Method study
Work study
In A-B-C analysis, which class of items are generally large in number?
A
B
C
None of these
The difference between the time available to do the job and the time required to do the job, is known as
Event
Float
Duration
Constraint
Positive slack on a PERT indicates that project is
Ahead of schedule
Beyond schedule
As per schedule
On critical path
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 important file in making a PERT is
An event can't be accomplished until activities leading to it are completed
No activity from any event can be started from preceding event till it is completed
Length of arrow has nothing to do with time
All of the above
What does symbol 'V' employ in work study
Operation
Inspection
Delay/ temporary Storage
Permanent storage
Micro-motion study is
Analysis of one stage of motion chart
Motion study, when seen on a time chart
Subdivision of an operation into therbligs and their analysis
Enlarged view of motion study
PERT/CPM, techniques can be used for following applications
Once through project
Maintenance jobs
Research and development
All of the above
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 %
Basic tool in work study is
Graph paper
Process chart
Planning chart
Stop watch
In inventory control, the economic order quantity is the
Optimum lot size
Highest level of inventory
Lot corresponding to breakeven point
Capability of a plant to produce
In the Halsey 50-50 plan, the following are rewarded more
Past good workers
Past poor workers
Past average workers
All of the above
According to Rowan plan of wage incentive system, bonus is paid to a worker
Whose output exceeds 67% efficiency
On the percentage of time saved
On the percentage of time worked
On the percentage of standard time
The most important objective behind plant layout is
Overall simplification, safety of integration
Economy in space
Maximum travel time in plant
To provide conveniently located shops
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
The essential condition for the decompression of an activity is that
The project time should change due to decompression
After decompression the time of an activity invariably exceeds its normal time
An activity could be decompressed to the maximum extent of its normal time
None of the above
CPM is
Synthesising in concepts
Is built of activities oriented programmes
Is used for repetitive works
All of the above
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
PERT has following time estimate
One time estimate
Two time estimate
Three time estimate
Four time estimate
The first method invented for planning projects was
Bar chart method
Milestone chart
Critical path method (CPM)
Programme evaluation and review technique (PERT)
Abbreviated work factor data is applied for
Material handling operation
Maintenance operation
Packing and shipping operation
All of these
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
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
What does symbol 'O' imply in work study?
Operation
Inspection
Transport
Delay/temporary storage