The most economical level of operation of any industry
The time when unit can run without i loss and profit
Time when industry will undergo loss
The time when company can make maximum profits
C. Time when industry will undergo loss
Programme Estimation and Reporting Technique
Process Estimation and Review Technique
Programme Evaluation and Review Technique
Planning Estimation and Resulting Technique
Once through project
Maintenance jobs
Research and development
All of the above
CPA (Critical Path Analysis)
CPP (Critical Path Plotted)
CPS (Critical Path Scheduling)
All of the above
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
A
B
C
None of these
CAM < DAM
CAM > DAM
CAM = DAM
There is no such criterion
Customer satisfaction
Function concept
Profit maximisation
Cost reduction
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
Crash cost/Normal Cost
(Crash Cost - Normal cost)/ (Normal time - Crash time)
Normal Cost/Crash cost
(Normal cost - Crash cost)/ (Normal time - Crash time)
Estimation of the percentage utilisation of machine tools
Estimating the percentage of the time consumed by various job activities
Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible
All of the above
Policy allowance
Interference allowance
Process allowance
Learning allowance
A standard rating system
A merit rating system
A job evaluation system
His individual performance
Is a basic technique of materials management
Is meant for relative inventory control
Does not depend upon the unit cost of the item but on its annual consumption
All of the above
Product layout
Process layout
Fixed position layout
Any one of these
Primary cost
Factory cost
Factory expenses
Primary cost + factory expenses
Assembly industry
Process industry
Job order industry
Mass production industry
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
Operation
Inspection
Delay/ temporary Storage
Permanent storage
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
Purchase value
Saleable value
Depreciated value
Function/cost
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
Value analysis
Operation research
Linear programming
Model analysis
Adequate incentive
Ease of administration
Guaranteed basic pay
All of these
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
Gantt chart
Flow chart
Breakeven chart
PERT chart
Scanlon Plan
Rowan Plan
Taylor Differential Piece Rate System
Halsey Premium Plan
All industries have to necessarily train the apprentices
Industries have to train apprentices according to their requirement
All industries employing more than 100 workers have to recruit apprentices
Only industries employing more than 500 workers have to recruit apprentices
A slow worker
A fast worker
An average worker
An apprentice
By finding all the significant informations regarding the job, work place and machine tool etc.
By breaking up each operation into small elements which are measurable with the help of the measuring device accurately
By observing and recording the time taken by the operator for an operation
All of the above
Duration
Total float
Free float
Interfering float