The value engineering technique in which experts of the same rank assemble for product development is called
Delphi
Brain storming
Morphological analysis
Direct expert comparison
Correct Answer :
B. Brain storming
Related Questions
Tick the odd man out
Taylor
Drucker
McGregor
Galileo
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
CPM requires
Single time estimate
Double time estimate
Triple time estimate
None of these
Replacement studies are made on the following basis:
Annual cost method
Rate of return method
Total life average method
Any one of the above
Travel charts are used to
Analyse material handling
Determine inventory control difficulties
Plan material handling procedure and routes
All of the above
Positive slack on a PERT indicates that project is
Ahead of schedule
Beyond schedule
As per schedule
On critical path
A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is
0.50
0.66
0.84
0.95
A diagram showing the path followed by men and materials while performing a task is known as
String diagram
Flow process chart
Travel chart
Flow diagram
The reasons which are basically responsible for the formation of a queue should be that
The average service rate Hess than the average arrival rate
Output rate is linearly proportional to input
Output rate is constant and the input varies in a random manner
All of the above
In which of the following layouts, the lines need to the balanced
Process layout
Product layout
Fixed position layout
Plant layout
Pick up the incorrect statement from the following
An activity of the project is denoted by an arrow on the net work
The tail of the arrow indicates the start of the activity
The head of the arrow indicates the end of the activity
The arrows are drawn (to scale from) left to right
PERT/CPM, techniques can be used for following applications
Once through project
Maintenance jobs
Research and development
All of the above
Which of the following organisations is best suited for steel plants
Functional organisation
Line organisation
Staff organisation
Line, staff and functional organisations
Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it
Consumes time, but no resources
Consumes resources but no time
Consumes neither time nor resources
Is a dangling event
PERT is
An analytic tool in concept
Limit up of event oriented diagrams
Used for research and development projects
All of the above
The main disadvantage of line organisation is
Top level executives have to do excessive work
Structure is rigid
Communication delays occur
All of the above
PERT is the
Time oriented technique
Event oriented technique
Activity oriented technique
Target oriented technique
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
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
In product layout
Specialised and strict supervision is required
Machines can not be used to their maximum capacity
Manufacturing cost rises with a fall in the volume of production
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
Micro-motion study involves following number of fundamental hand motions
8
12
16
20
In manufacturing management, the term 'Dispatching' is used to describe
Dispatch of sales order
Dispatch of factory mail
Dispatch of finished product of the user
Dispatch of work orders through shop floor
When slack of an activity is positive
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
Any one of the above
The start or completion of task is called
An event
An activity
A duration
None of these
In order to avoid excessive multiplication of facilities, the layout preferred is
Product layout
Process layout
Group layout
Static layout
The breakeven point represents
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
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
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
A critical activity has
Maximum slack
Minimum slack
Zero slack
Average slack