The assumption in PERT is
A project will always be behind schedule, if left uncorrected
Cost of project will always be more than the estimated cost, if no timely corrections are taken
A project can be subdivided into a set of predictable, independent activities
Activities are fixed and can't be changed
Correct Answer :
C. A project can be subdivided into a set of predictable, independent activities
Related Questions
Simplex method is the method used for
Value analysis
Network analysis
Linear programming
Queuing theory
Break-even analysis consists of
Fixed expenses
Variable cost
Sales revenue
All of these
Micro motion study is
Analysis of a man-work method by using a motion picture camera with a timing device in the field of view
Motion study observed on enhanced time intervals
Motion study of a sequence of operations conducted systematically
Study of man and machine conducted simultaneously
The two bin system is concerned with
Ordering procedure
Forecasting sales
Production planning
Despatching and expediting
The routing function in a production system design is concerned with
Manpower utilisation
Quality assurance of the product
Machine utilisation
Optimising material flow through the plant
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
Scheduling gives information about
When work should start and how much work should be completed during a certain period
When work should complete
That how idle time can be minimized
Proper utilisation of machines
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
A-B-C analysis is used in
CPM
PERT
Inventory control
All of these
The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as
Rowan Plan
Taylor Differential Piece rate system
Halsey Premium plan
Day work plan
The main advantage of line organisation is its
Effective command and control
Defined responsibilities at all levels
Rigid discipline in the organisation
All of the above
The term 'value' in value engineering refers to
Total cost of the product
Selling price of the product
Utility of the product
Manufactured cost of the product
Work study comprises following main techniques
Method study and work measurement
Method study and time study
Time study and work measurement
Method study and job evaluation
In PERT analysis, critical path is obtained by joining events having
+ve slack
-ve slack
Zero slack
Dummy activities
Pick up the correct statement from the following
Critical path method is an improvement upon bar chart method
Critical path method provides a realistic approach to the daily problems
Critical path method avoids delays which are very common in bar chart
All of the above
Breakeven point is the point where
Fixed and variable cost lines intersect
Fixed and total cost lines intersect
Variable and total cost lines intersect
Sales revenue and total expensive lines intersect
PERT is the
Time oriented technique
Event oriented technique
Activity oriented technique
Target oriented technique
A graphical device used to determine the breakeven point and profit potential under varying conditions of output and costs, is known as
Gantt chart
Flow chart
Breakeven chart
PERT chart
Routing
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
The main disadvantage of line organisation is
Top level executives have to do excessive work
Structure is rigid
Communication delays occur
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
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
Process layout is also known as
Analytical-layout
Synthetic layout
Static product layout
None of these
Which of the following layouts is suited to job production?
Process layout
Product layout
Fixed position layout
Plant layout
Product layout is also known as
Analytical layout
Synthetic layout
Static product layout
None of these
The deductions for, employees provident fund start
Immediately on joining the service
After 60 days of joining the service
After 100 days of joining the service
After 240 days of joining the service
Military type of organisation is known as
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
Travel charts provide
An idea of the flow of materials at various stages
A compact estimate of the handling which must be done between various work sections
The information for changes required in rearranging material handling equipment
An approximate estimate of the handling which must be done at a particular station
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.
The assumption in PERT is
A project will always be behind schedule, if left uncorrected
Cost of project will always be more than the estimated cost, if no timely corrections are taken
A project can be subdivided into a set of predictable, independent activities
Activities are fixed and can't be changed