Slack represents the difference between the
Latest allowable time and the normal expected time
Latest allowable time and the earliest expected time
Proposed allowable time and the earliest expected time
Normal allowable time and the latest expected time
Correct Answer :
B. Latest allowable time and the earliest expected time
Related Questions
If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be
TR
TR + [(S - T)/2] × R
TR + (S - T) × R
TR + [(S - T)/S] × R
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
Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is _________ the standard time.
One-fourth
One-half
Equal to
Twice
PERT stands for
Programme Estimation and Reporting Technique
Process Estimation and Review Technique
Programme Evaluation and Review Technique
Planning Estimation and Resulting Technique
For ship vessel industry the following layout is best suited
Process layout
Product layout
Fixed position layout
Plant layout
A critical activity has
Maximum slack
Minimum slack
Zero slack
Average slack
Standing orders which are statutory are applicable to
All industries
All process industries and thermal power plants
Only major industries
All industries employing more than 100 workers
The first method invented for planning projects was
Bar chart method
Milestone chart
Critical path method (CPM)
Programme evaluation and review technique (PERT)
In micro-motion study, therblig is described by
A symbol
An event
An activity
Standard symbol and colour
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
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
Micro-motion study is
Enlarged view of motion study
Analysis of one stage of motion study
Minute and detailed motion study
Subdivision of an operation into therbligs and their analysis
A milestone chart
Shows the inter dependences of various jobs
Depicts the delay of jobs, if any
Points outgoing ahead of schedule of jobs, if any
None of the above
Job enrichment technique is applied to
Reduce labour monotony
Overcome boring and de-motivating work
Make people happy
All of the above
In break even analysis, total cost consists of
Fixed cost + sales revenue
Variable cost + sales revenue
Fixed cost + variable cost
Fixed cost + variable cost + profit
Valve analysis is particularly of interest when
Jobbing work economics are involved
Production is on large scale
Only few components are involved
Costly equipment is used
Which of the following equations is not in conformity with others?
Organisation performance × motivation = profits
Knowledge × skill = ability
Ability × motivation = performance
Attitude × situation = motivation
A device used for lifting or lowering objects suspended from a hook at the end of retractable chains or cable is called
Hoist
Jib crane
Portable elevator
Chain conveyor
Positive slack on a PERT indicates that project is
Ahead of schedule
Beyond schedule
As per schedule
On critical path
Critical path method
Helps in ascertaining time schedules
Makes better and detailed planning possible
Provides a standard method for communicating project plans schedules and to time and cost performance
All of the above
O on a PERT/CPM chart represents
An ordinary event
A significant event representing some milestone
An event to be transferred to other network chart
Dangling event
The disadvantage of product layout is
High initial investment for the specialized facilities
Skilled labour to operate machines
Production time is longer, requiring more goods in inventory
High cost of inspection
Process layout is employed
Where low volume of production is required
Where similar jobs are manufactured on similar machines
Where machines are arranged on functional basis
All of the above
The type of layout used for manufacturing steam turbines, is
Product layout
Process layout
Fixed position layout
Any one of these
Inventory management consists of
Effective running of stores
State of merchandise methods of storing and maintenance etc.
Stock control system
All of the above
F. W. Taylor introduced a system of organisation known as
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
In process layout
Handling and backtracking of materials is too much
Production control is more difficult and costly
Routing and scheduling is more difficult
All of the above
Military organisation is known as
Line organisation
Line and staff organisation
Functional organisation
All of the above
A big advantage of PERT over Gantt charts is that in the former case
Activities and events are clearly shown
Early start and late finish of an activity are clearly marked
Activity times are clear
Interrelationship among activities is clearly shown.
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