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Industrial Engineering and Production Management

Industrial Engineering and Production Management
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

Gantt chart
PERT chart
Flow chart
Break-even chart

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Industrial Engineering and Production Management
Linear programming can be applied successfully to

Chemical industry
Banks
Oil industry
All of these

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Industrial Engineering and Production Management
'O' on a PERT/CPM chart represents

Dangling event
An ordinary event
An event to be transferred to other network chart
A significant event representing some milestone

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Industrial Engineering and Production Management
The bonus increases in proportion to the increase in efficiency. This statement applies to

Gantt plan
Rowan plan
Emerson's efficiency plan
Halsey plan

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Industrial Engineering and Production Management
Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is

100
25
50
75

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Industrial Engineering and Production Management
The performance of a specific task in CPM is known as

Activity
Contract
Dummy
Event

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