Replacement studies are made on the following basis:
Annual cost method
Rate of return method
Total life average method
Any one of the above
Correct Answer :
D. Any one of the above
Related Questions
Acceptance sampling is widely used in
Batch production
Job production
Mass production
All of the above
The technique of value analysis can be applied to
Complicated items only
Simple items only
Crash programmer items only
Any item
The determination of standard time in a complex job system is best done through
Stop watch time study
Analysis of micro-motions
Grouping timing technique
Analysis of standard data system
For material transportation, conveyors are used when the prevailing conditions include
Loads are uniform
Routes do not vary
Materials move relatively continuously
All of these
Acceptance sampling is used in
Job production
Batch production
Mass production
All of these
According to Muther, the basic principle of best layout is
Principle of overall integration
Principle of flow
Principle of flexibility
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
Job evaluation is the method of determining the
Relative worth of jobs
Skills required by a worker
Contribution of a worker
Contribution of a job
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
Motion study involves analysis of
Actions of operator
Layout of work place
Tooling and equipment
All of the above
The most popular type of organisation used for Civil Engineering Constructions is
Line organisation
Line and staff organisation
Functional organisation
Effective organisation
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 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
Product layout is employed for
Batch production
Continuous production
Effective utilization of machine
All of the above
What does symbol 'V' employ in work study
Operation
Inspection
Delay/ temporary Storage
Permanent storage
A diagram showing the path followed by men and materials while performing a task is known as
String diagram
Flow process chart
Travel chart
Flow diagram
Direct expenses include
Factory expenses
Selling expenses
Administrative expenses
None of these
CPM is the
Time oriented technique
Event oriented technique
Activity oriented technique
Target oriented technique
A-B-C analysis is used in
CPM
PERT
Inventory control
All of these
The critical activity has
Maximum float
Minimum float
Zero float
Average float
Emergency rush order can be pushed more effectively in
Job production
Automatic production
Continuous production
Intermittent production
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
CPM is
Synthesising in concepts
Is built of activities oriented programmes
Is used for repetitive works
All of the above
The time of completing a project in network analysis is given by following time of the critical activity meeting at the final triode
Early finish
Early start
Late start
Late finish
Scheduling
Prescribes the sequence of operations to be followed
Determines the programme for the operations
Is concerned with starting of processes
Regulates the progress of job through various processes
Time study is used to
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
Tick the odd man out
Taylor
Drucker
McGregor
Galileo
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
Choose the wrong statement. Motion study is used for
Improving a work method
Improvising a work method
Designing a work method
Reducing inventory costs
A critical activity has
Maximum slack
Minimum slack
Zero slack
Average slack