The probability distribution of activity times in PERT follows following distribution
Normal
Binomial
Beta
Exponential
Correct Answer :
C. Beta
Related Questions
An optimum project schedule implies
Optimum utilization of men, machines and materials
Lowest possible cost and shortest possible time for project
Timely execution of project
To produce best results under given constraints
Which of the following are the principles of material handling?
Keep all the handling to the minimum
Select only efficient handling equipment
Move the heaviest weight to the least distance
All of the above
The most important function of inventory control is
Stock control system
To run the stores effectively
Technical responsibility for the state of materials
All of the above
The most important objective behind plant layout is
Overall simplification, safety of integration
Economy in space
Maximum travel time in plant
To provide conveniently located shops
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
In fixed position layout
Total production cost is less
Material movement is less
Capital investment is minimum
All of these
Critical path on PERT/CPM chart is obtained by joining the events having
Maximum slack
Minimum slack
Average slack
No slack
A critical activity has
Maximum slack
Minimum slack
Zero slack
Average slack
F. W. Taylor introduced a system of organisation known as
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
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
The bonus increases in proportion to the increase in efficiency. This statement applies to
Halsey plan
Gantt plan
Emerson's efficiency plan
Rowan plan
In the cost structure of a product, the selling price is determined by the factors such as
Sales turn over
Lowest competitive price
Various elements of the cost
All of the above
In PERT analysis, critical path is obtained by joining events having
+ve slack
-ve slack
Zero slack
Dummy activities
For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be
300
460
500
1000
If TL is the largest allowable event occurrence time, total activity slack (s) is equal to
Latest start time earliest start time
Latest finish time earliest finish time (EFT)
TLEFT
All of the above
PERT analysis is based upon
Optimistic time
Pessimistic time
Most likely time
All of these
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
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
In perpetual inventory control, the material is checked as it reaches its
Minimum value
Maximum value
Average value
Middle value
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
In the perpetual inventory control, the material is checked when it reaches its
Minimum value
Maximum value
Average value
Alarming value
Break-even analysis shows profit when
Sales revenue > total cost
Sales revenue = total cost
Sales revenue < total cost
Variable cost < fixed cost
Which of the following plans motivates supervisors by paying a premium on time saved by workers?
Halsey plan
Rowan plan
Haynes plan
Emerson's plan
Work study is most useful
Where production activities are involved
In judging the rating of machines
In improving industrial relations
In judging the output of a man and improving it
The objective of time study is to determine the time required to complete a job by
Fast worker
Average worker
Slow worker
New entrant
Which one of the following represents a group incentive plan?
Halsey Premium Plan
Lincoln Plan
Rowan Plan
Taylor Plan
A low unit cost can be obtained by following
Product layout
Functional layout
Automatic material handling equipment
Specialisation of operation
For material transportation, conveyors are used when the prevailing conditions include
Loads are uniform
Routes do not vary
Materials move relatively continuously
All of these
The work study is done by means of
Planning chart
Process chart
Stop watch
Any one of these
The main objective of work measurement is to
Plan and schedule of production
Formulate a proper incentive scheme
Estimate the selling prices and delivery dates
All of the above