The time of completing a project in network analysis is given by following time of the critical activity meeting at the final triode
Early finish
Early start
Late start
Late finish
Correct Answer :
A. Early finish
Related Questions
Product layout is employed for
Batch production
Continuous production
Effective utilization of machine
All of the above
Merit rating is the method of determining the
Relative values of a job
Workers performance on a job
Worth of a machine
Value of overall production
In order to avoid excessive multiplication of facilities, the layout preferred is
Product layout
Process layout
Group layout
Static layout
If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be
2 HA
1.33 HA
1.5 HA
1.15 HA
The salient feature of functional organisation is
Strict adherence to specification
Separation of planning and design part
Each individual maintains functional efficiency
All of the above
The linear programming techniques can be applied successfully to industries like
Iron and steel
Food processing
Oil and chemical
All of the above
The work study is done by means of
Planning chart
Process chart
Stop watch
Any one of these
In PERT analysis, critical path is obtained by joining events having
+ve slack
-ve slack
Zero slack
Dummy activities
Bin card is used in
Administrative wing
Workshop
Foundry shop
Stores
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
A CPM family includes
CPA (Critical Path Analysis)
CPP (Critical Path Plotted)
CPS (Critical Path Scheduling)
All of the above
Queueing theory deals with problems of
Material handling
Reducing the waiting time or idle time
Better utilization of man services
Effective use of machines
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 time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as
Rowan Plan
Taylor Differential Piece rate system
Halsey Premium plan
Day work plan
PMTP (predetermined motion time systems) include
MTM (method time measurement)
WFS (work factor systems)
BNTS (basic motion time study)
All of the above
The production cost per unit can be reduced by
Producing more with increased inputs
Producing more with the same inputs
Eliminating idle time
Minimising resource waste
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
Product layout is best suited where
One type of product is produced
Product is standardised
Product is manufactured in large quantities
All of the above
Which of the following statement is correct?
A-B-C analysis is based on Pareto's principle
Simulation can be used for inventory control
Economic order quantity formula ignores variations in demand pattern
All of the above
A graphical device used to determine the breakeven point and profit potential under varying conditions of output and costs, is known as
Gantt chart
Flow chart
Breakeven chart
PERT chart
Critical path moves along the activities having total float of
Positive value
Negative value
Zero value
Same value
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker
Whose output exceeds 67% efficiency
On the percentage of time saved
On the percentage of time worked
On the percentage of standard time
PERT and CPM are
Techniques to determine project status
Decision making techniques
Charts which increase aesthetic appearance of rooms
Aids to the decision maker
Which of the following is independent of sales forecast?
Productivity
Inventory control
Production planning
Production control
Work study is done with the help of
Process chart
Material handling
Stop watch
All of the above
Inventory management consists of
Effective running of stores
State of merchandise methods of storing and maintenance etc.
Stock control system
All of the above
Break-even analysis can be used for
Short run analysis
Long run analysis
Average of above two run analysis
There is no such criterion
Fixed position layout is also known as
Analytical layout
Synthetic layout
Static product layout
None of these
Simplex method is the method used for
Value analysis
Network analysis
Linear programming
Queuing theory
The process layout is best suited where
Specialisation exists
Machines are arranged according to sequence of operation
Few number of non-standardised units is to be produced
Mass production is envisaged