The correct sequence of phases in value engineering is
Creative phase, information phase, investigation phase, evaluation phase
Information phase, creative phase, investigation phase, evaluation phase
Investigation phase, information phase, creative phase, evaluation phase
Creative phase, investigation phase, evaluation phase, information phase
Correct Answer :
A. Creative phase, information phase, investigation phase, evaluation phase
Related Questions
For a product layout the material handling equipment must
Have full flexibility
Employ conveyor belts, trucks, tractors etc.
Be a general purpose type
Be designed as special purpose for a particular application
A dummy activity
Is artificially introduced
Is represented by a dotted line
Does not require any time
All of the above
Replacement studies are made on the following basis:
Annual cost method
Rate of return method
Total life average method
Any one of the above
In order that linear programming techniques provide valid results
Relations between factors must be linear (positive)
Relations between factors must be linear (negative)
Either (A) or (B)
Only one factor should change at a time, others remaining constant
Bar charts are suitable for
Minor works
Major works
Large projects
All of the above
Critical Path Net Work helps an engineer
To concentrate his attention on critical activities
To divert the resources from noncritical advanced activities to critical activities
To be cautious for avoiding any delay in the critical activities to avoid delay of the whole project
All of the above
CPM stands for
Combined Process Method
Critical Path Method
Common Planning Method
Critical Process Method
Time study is carried out to determine the time required to complete job by
A slow worker
A fast worker
An average worker
An apprentice
Military type of organisation is known as
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
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
A dummy activity in a net work diagram
Is represented by a dotted line
Is an artificial activity
Does not consume time or resources
All of these
Break-even analysis consists of
Fixed expenses
Variable cost
Sales revenue
All of these
Work study is concerned with
Improving present method and finding standard time
Motivation of workers
Improving production capability
Improving production planning and control
In a functional organisation
Quality of work is better
Wastage of material is minimum
Specialised knowledge and guidance to individual worker is provided
All of the above
The simplex method is the basic method for
Value analysis
Operation research
Linear programming
Model analysis
The product layout
Lowers overall manufacturing time
Requires less space for placing machines
Utilises machine and labour better
All of these
Which of the following statement is wrong?
An activity consumes time and resources whereas an event does not consume time or resources.
The performance of a specific task is called an activity.
An event is an instantaneous point in time at which an activity begins or ends.
The turning of a job on lathe is an event whereas job turned is an activity.
CPM is the
Time oriented technique
Event oriented technique
Activity oriented technique
Target oriented technique
Which of the following is independent of sales forecast?
Productivity
Inventory control
Production planning
Production control
Halsey plan of wage incentive
Is not applied to all level of workers
Is applied to all level of workers
Does not guarantee minimum wage
Is based upon efficiency of worker
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 important file in making a PERT is
An event can't be accomplished until activities leading to it are completed
No activity from any event can be started from preceding event till it is completed
Length of arrow has nothing to do with time
All of the above
The most suitable incentive plan for the maintenance section of an industry will be
Piece rate system
Group incentive plan
Profit sharing plans
Simplification
The technique of value analysis can be applied to
Complicated items only
Simple items only
Crash programmer items only
Any item
Statistical quality control techniques are based on the theory of
Quality
Statistics
Probability
All of the above
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
Earliest finish time can be regarded as
Earliest start time + duration of activity
Earliest start time duration of activity
Latest finish time + duration of activity
Latest finish time duration of activity
In the Halsey 50-50 plan, the following are rewarded more
Past good workers
Past poor workers
Past average workers
All of the above
The technique for establishing and maintaining priorities among the various jobs of any project is known as
Event flow scheduling technique
Critical ratio scheduling
Slotting technique for scheduling
Short interval scheduling
Positive slack on a PERT indicates that project is
Ahead of schedule
Beyond schedule
As per schedule
On critical path