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
Correct Answer :
D. Guessed times are used in PERT and evaluated times in CPM
Related Questions
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
An activity of the project is graphically represented by ________ on the network diagram.
A circle
A straight line
An arrow
None of these
The amount deducted from the salary of workers towards employees provident fund is
Credited into reserves of company
Deposited in nationalised bank
Deposited in post office
Deposited in the account of worker with Provident Fund Commissioner
For ship vessel industry the following layout is best suited
Process layout
Product layout
Fixed position layout
Plant layout
At the breakeven point,
Total cost is more than the sales revenue
Total cost is less than the sales revenue
Total cost is equal to sales revenue
Fixed cost is equal to variable cost
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
Queuing theory is associated with
Sales
Inspection time
Waiting time
Production time
Pick up the correct statement from the following
If the float is positive and the activity is delayed by a period equal to its total float, the completion of project in no delayed
If the float of an activity is negative, delay in its performance is bound to delay the completion of project
If the float of an activity is zero, the activity is critical and any delay in its performance will delay the whole project
All of the above
The probability distribution of activity times in PERT follows following distribution
Normal
Binomial
Beta
Exponential
Work sampling observations are taken on the basis of
Detailed calculations
Convenience
Table of random numbers
Past experience
Which of the following statement is correct?
When slack of an activity is zero, it falls only on critical path.
CPM technique is useful to minimise the direct and indirect expenses.
Critical path of a net work represents the minimum time required for completion of project.
All of the above
A-B-C analysis is used in
CPM
PERT
Inventory control
All of these
In perpetual inventory control, the material is checked as it reaches its
Minimum value
Maximum value
Average value
Middle value
The start or completion of task is called
An event
An activity
A duration
None of these
The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of
Product layout
Process layout
Fixed position layout
A combination of line and process layout
Discrepancies of bar chart techniques are
Consequential effects of lack in one activity on the finish date
Free time available for an activity can't be predicted
Effective monitoring/controlling can't be done
All of the above
The allowed time for a job equals standard time plus
Policy allowance
Interference allowance
Process allowance
Learning allowance
The two bin system is concerned with
Ordering procedure
Forecasting sales
Production planning
Despatching and expediting
Gantt chart is used for
Inventory control
Material handling
Production schedule
Machine repair schedules
What does symbol 'D' imply in work study?
Inspection
Transport
Delay/temporary storage
Permanent storage
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
Choose the wrong statement. Motion study is used for
Improving a work method
Improvising a work method
Designing a work method
Reducing inventory costs
In a line organisation
Responsibility of each individual is fixed
Discipline is strong
Quick decisions are taken
All of these
Critical path moves along the activities having total float of
Positive value
Negative value
Zero value
Same value
In value engineering, important consideration is given to
Customer satisfaction
Function concept
Profit maximisation
Cost reduction
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
In the Halsey 50-50 plan, the following are rewarded more
Past good workers
Past poor workers
Past average workers
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.
What does symbol 'O' imply in work study?
Operation
Inspection
Transport
Delay/temporary storage
Material handling in automobile industry is done by
Overhead crane
Trolley
Belt conveyor
All of the above