Plan and schedule of production

Formulate a proper incentive scheme

Estimate the selling prices and delivery dates

All of the above

**Micro-motion study involves following number of fundamental hand motions****The critical path of a network represents****The time of completing a project in network analysis is given by following time of the critical activity…****If F is the fixed cost, V is the variable cost per unit (or total variable costs) and P is the selling…****Break-even analysis can be used for****The most popular type of organisation used for Civil Engineering Constructions is****The breakeven point represents****Routing assists engineers in deciding in advance****The basic difference between PERT and CPM is that****Which of the following are the guidelines for the construction of a network diagram?****Indirect expenses include****Linear programming can be applied successfully to****In the cost structure of a product, the selling price is determined by the factors such as****If A is the total items consumed per year, P is the procurement cost per order, and C is the annual…****The time which results in the least possible direct cost of an activity is known as****Slack represents the difference between the****String diagram is used****F. W. Taylor introduced a system of organisation known as****Time study is****An activity of the project is graphically represented by ________ on the network diagram.****At the breakeven point,****In time study, the rating factor is applied to determine****The time taken by a trained worker to perform an operation, while working a steady pace, is known as****The allowed time for a job equals standard time plus****The first method invented for planning projects was****The unit cost in case of batch production is ________ as compared to jobbing production.****Scheduling gives information about****The difference between the time available to do the job and the time required to do the job, is known…****Monte Carlo solutions in queuing theory are extremely useful in queuing problems****CPM has following time estimate**