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Replacement studies are made on the following basis:

A. Annual cost method

B. Rate of return method

C. Total life average method

D. Any one of the above

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  1. The aim of value engineering is to
  2. Time study is carried out to determine the time required to complete job by
  3. Earliest finish time can be regarded as
  4. Actual performance of a task is called
  5. In PERT analysis, critical path is obtained by joining events having
  6. Product layout is best suited where
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  8. Expediting function consists in keeping a watch on
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  10. The mathematical technique for finding the best use of limited resources in an optimum manner is known…
  11. Product layout is employed for
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  13. Motion study involves analysis of
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  15. Current assets include
  16. In jobbing production
  17. Scheduling gives information about
  18. A CPM family includes
  19. PERT and CPM are
  20. The two bin system is concerned with
  21. If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can…
  22. Service time in queuing theory is usually assumed to follow
  23. In the perpetual inventory control, the material is checked when it reaches its
  24. The process layout is best suited where
  25. The essential condition for the decompression of an activity is that
  26. Critical Path Net Work helps an engineer
  27. 'Value' for value engineering and analysis purposes is defined as
  28. If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual…
  29. Time study is used to
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