The time which results in the least possible direct cost of an activity is known as
Normal time
Slow time
Crash time
Standard time
Correct Answer :
B. Slow time
Related Questions
Breakeven analysis consists of
Fixed cost
Variable cost
Fixed and variable costs
Operation costs
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
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
In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on:
A standard rating system
A merit rating system
A job evaluation system
His individual performance
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
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
When slack of an activity is negative
It represents a situation where extra resources are available and the completion of project is not delayed
It represents that a programme falls behind schedule and additional resources are required to complete the project in time
The activity is critical and any delay in its performance will delay the completion of whole project
All of the above
The most popular type of organisation used for Civil Engineering Constructions is
Line organisation
Line and staff organisation
Functional organisation
Effective organisation
Standing orders which are statutory are applicable to
All industries
All process industries and thermal power plants
Only major industries
All industries employing more than 100 workers
If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be
TR
TR + [(S - T)/2] × R
TR + (S - T) × R
TR + [(S - T)/S] × R
PERT analysis is based upon
Optimistic time
Pessimistic time
Most likely time
All of these
Travel charts provide
An idea of the flow of materials at various stages
A compact estimate of the handling which must be done between various work sections
The information for changes required in rearranging material handling equipment
An approximate estimate of the handling which must be done at a particular station
Acceptance sampling is widely used in
Batch production
Job production
Mass production
All of the above
Works cost implies
Primary cost
Factory cost
Factory expenses
Primary cost + factory expenses
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
Product layout is also known as
Analytical layout
Synthetic layout
Static product layout
None of these
Gantt chart is used for
Inventory control
Material handling
Production schedule
Machine repair schedules
Pessimistic time is
The maximum time which an activity might require
The average time required for a job
The most probable time considering all conditions
The minimum time in which an activity can possibly be accomplished
A device used for lifting or lowering objects suspended from a hook at the end of retractable chains or cable is called
Hoist
Jib crane
Portable elevator
Chain conveyor
An activity of the project is graphically represented by ________ on the network diagram.
A circle
A straight line
An arrow
None of these
Which of the following organisation is preferred in automobile industry?
Functional organisation
Line organisation
Staff organisation
Line and staff organisations
A-B-C analysis
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
Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is _________ the standard time.
One-fourth
One-half
Equal to
Twice
Work study is mainly aimed at
Determining the most efficient method of performing a job
Establishing the minimum time of completion of a job
Developing the standard method and standard time of a job
Economising the motions involved on the part of the worker while performing a job
Standard time is defined as
Normal time + allowances
Normal time + idle time + allowances
Normal time + idle time
Only normal time for an operation
PERT is
An analytic tool in concept
Limit up of event oriented diagrams
Used for research and development projects
All of the above
Military organisation is known as
Line organisation
Line and staff organisation
Functional organisation
All of the above
The probability distribution of project completion in PERT follows following distribution
Normal
Binomial
Exponential
Gaussian
Bin card is used in
Administrative wing
Workshop
Foundry shop
Stores
Critical path method
Helps in ascertaining time schedules
Makes better and detailed planning possible
Provides a standard method for communicating project plans schedules and to time and cost performance
All of the above