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4

When slack of an activity is negative

A. It represents a situation where extra resources are available and the completion of project is not delayed

B. It represents that a programme falls behind schedule and additional resources are required to complete the project in time

C. The activity is critical and any delay in its performance will delay the completion of whole project

D. All of the above

Correct Answer :

B. It represents that a programme falls behind schedule and additional resources are required to complete the project in time


Related Questions

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Expediting function consists in keeping a watch on

A. Operator's activity

B. Flow of material and in case of trouble locate source of trouble

C. Minimising the delays

D. Making efficient despatching

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Which of the following equations is not in conformity with others?

A. Organisation performance × motivation = profits

B. Knowledge × skill = ability

C. Ability × motivation = performance

D. Attitude × situation = motivation

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4

CPM stands for

A. Combined Process Method

B. Critical Path Method

C. Common Planning Method

D. Critical Process Method

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Military type of organisation is known as

A. Line organisation

B. Functional organisation

C. Line and staff organisation

D. Line, staff and functional organisation

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In fixed position layout

A. Total production cost is less

B. Material movement is less

C. Capital investment is minimum

D. All of these

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The routing function in a production system design is concerned with

A. Manpower utilisation

B. Quality assurance of the product

C. Machine utilisation

D. Optimising material flow through the plant

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Work study is done with the help of

A. Process chart

B. Material handling

C. Stop watch

D. All of the above

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The appellate authority for an industrial dispute is

A. Management

B. Labour court

C. High court/supreme court

D. Board of directors

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The interchangeability can be achieved by

A. Standardisation

B. Better process planning

C. Bonus plan

D. Better product planning

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Which of the following statement is correct about the network diagram?

A. The events are represented graphically by circles or nodes at the beginning and the end of activity by arrows.

B. The tail end of the arrow represents the start of an activity.

C. The head of the arrow represents the end of an activity.

D. All of the above

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The start or completion of task is called

A. An event

B. An activity

C. A duration

D. None of these

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The process layout is best suited where

A. Specialisation exists

B. Machines are arranged according to sequence of operation

C. Few number of non-standardised units is to be produced

D. Mass production is envisaged

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Time study is carried out to determine the time required to complete job by

A. A slow worker

B. A fast worker

C. An average worker

D. An apprentice

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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

A. 0.50

B. 0.66

C. 0.84

D. 0.95

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The assumption in PERT is

A. A project will always be behind schedule, if left uncorrected

B. Cost of project will always be more than the estimated cost, if no timely corrections are taken

C. A project can be subdivided into a set of predictable, independent activities

D. Activities are fixed and can't be changed

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Which one of the following represents a group incentive plan?

A. Scanlon Plan

B. Rowan Plan

C. Taylor Differential Piece Rate System

D. Halsey Premium Plan

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Which of the following depreciation system ensures that the interest be charged on the cost of machine asset every year on the book value, but the rate of depreciation every year remains constant

A. Sinking fund method

B. Straight line method

C. ABC charging method

D. Annuity charging method

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Activity slack or float of any event on a PERT/CPM chart is represented by

A. Latest start time of succeeding event earliest finish time of preceding event activity time

B. Latest start time of the event earliest start time of the event

C. Latest finish time of event earliest finish time of the event

D. Anyone of the above

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In inventory control, the economic order quantity is the

A. Optimum lot size

B. Highest level of inventory

C. Lot corresponding to breakeven point

D. Capability of a plant to produce

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Templates are used for

A. A planning layout

B. Flow of material

C. Advancing a programme in automatic machines

D. Copying complicated profiles

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The bonus increases in proportion to the increase in efficiency. This statement applies to

A. Halsey plan

B. Gantt plan

C. Emerson's efficiency plan

D. Rowan plan

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What does symbol 'V' employ in work study

A. Operation

B. Inspection

C. Delay/ temporary Storage

D. Permanent storage

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A-B-C analysis

A. Is a basic technique of materials management

B. Is meant for relative inventory control

C. Does not depend upon the unit cost of the item but on its annual consumption

D. All of the above

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The technique for establishing and maintaining priorities among the various jobs of any project is known as

A. Event flow scheduling technique

B. Critical ratio scheduling

C. Slotting technique for scheduling

D. Short interval scheduling

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Work study is mainly aimed at

A. Determining the most efficient method of performing a job

B. Establishing the minimum time of completion of a job

C. Developing the standard method and standard time of a job

D. Economising the motions involved on the part of the worker while performing a job

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In which of the following layouts, the lines need to the balanced

A. Process layout

B. Product layout

C. Fixed position layout

D. Plant layout

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P.M.T.S. (Predetermined Motion Time Systems) include

A. M.T.M. (Method Time Measurement)

B. W.F.S. (Work Factor Systems)

C. B.M.T.S. (Basic Motion Time Study)

D. All of these

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Monte Carlo solutions in queuing theory are extremely useful in queuing problems

A. That can't be analysed mathematically

B. Involving multistage queuing

C. To verify mathematical results

D. All of the above

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In breakeven analysis, total cost consists of

A. Fixed cost

B. Variable cost

C. Fixed cost + variable cost

D. Fixed cost + variable cost + overheads

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Queuing theory is associated with

A. Sales

B. Inspection time

C. Waiting time

D. Production time