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
Correct Answer :
B. Production is on large scale
Related Questions
The difference between the time available to do the job and the time required to do the job, is known as
Event
Float
Duration
Constraint
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
String diagram is used
For checking the relative values of various layouts
When a group of workers are working at a place
Where processes require the operator to be moved from one place to another
All of the above
Works cost implies
Primary cost
Factory cost
Factory expenses
Primary cost + factory expenses
Current assets include
Manufacturing plant
Manufacturing plant and equipment
Inventories
Common stock held by the firm
The interchangeability can be achieved by
Standardisation
Better process planning
Bonus plan
Better product planning
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
Value engineering aims at finding out the
Depreciation value of a product
Resale value of a product
Major function of the item and accomplishing the same at least cost without change in quality
Breakeven point when machine requires change
Expediting function consists in keeping a watch on
Operator's activity
Flow of material and in case of trouble locate source of trouble
Minimising the delays
Making efficient despatching
The most popular type of organisation used for Civil Engineering Constructions is
Line organisation
Line and staff organisation
Functional organisation
Effective organisation
Micro motion study is
Analysis of a man-work method by using a motion picture camera with a timing device in the field of view
Motion study observed on enhanced time intervals
Motion study of a sequence of operations conducted systematically
Study of man and machine conducted simultaneously
The allowed time for a job equals standard time plus
Policy allowance
Interference allowance
Process allowance
Learning allowance
A dummy activity
Is artificially introduced
Is represented by a dotted line
Does not require any time
All of the above
Gantt chart is used for
Inventory control
Material handling
Production schedule
Machine repair schedules
Pick up the incorrect statement from the following. A critical ratio scheduling
Establishes the relative priorities among various activities on a common basis
Determines the status of each activity
Adjusts automatically changes in activity progress
None 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
Replacement studies are made on the following basis:
Annual cost method
Rate of return method
Total life average method
Any one of the above
Which of the following statement is correct?
When slack of an activity is zero, it falls only on critical path.
CPM technique is useful to minimise the direct and indirect expenses.
Critical path of a net work represents the minimum time required for completion of project.
All of the above
If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by
AP/C
2AP/C
√(AP/C)
(AP/C)2
ABC analysis deals with
Analysis of process chart
Flow of material
Ordering schedule of job
Controlling inventory costs money
Breakeven analysis consists of
Fixed cost
Variable cost
Fixed and variable costs
Operation costs
PERT
Provides an approach for keeping planning up-to-date
Provides a way for management to require that planning be done on a uniform and logical basis
Permits management to foresee quickly the impact of variations from the plan
All of the above
Work study is done with the help of
Process chart
Material handling
Stop watch
All of the above
In process layout
Handling and backtracking of materials is too much
Production control is more difficult and costly
Routing and scheduling is more difficult
All of the above
PERT/CPM, techniques can be used for following applications
Once through project
Maintenance jobs
Research and development
All of the above
Choose the wrong statement Time study is used to
Determine overhead expenses
Provide a basis for setting piece prices or incentive wages
Determine standard costs
Determine the capability of an operator to handle the number of machines
Work sampling is applied for
Estimation of the percentage utilisation of machine tools
Estimating the percentage of the time consumed by various job activities
Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible
All of the above
Earliest finish time can be regarded as
Earliest start time + duration of activity
Earliest start time duration of activity
Latest finish time + duration of activity
Latest finish time duration of activity
The amount deducted from the salary of workers towards employees provident fund is
Credited into reserves of company
Deposited in nationalised bank
Deposited in post office
Deposited in the account of worker with Provident Fund Commissioner
In inventory control, the economic order quantity is the
Optimum lot size
Highest level of inventory
Lot corresponding to breakeven point
Capability of a plant to produce