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Industrial Engineering and Production Management

Industrial Engineering and Production Management
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

0.84
0.66
0.95
0.5

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Industrial Engineering and Production Management
The simplex method is the basic method for

Linear programming
Model analysis
Value analysis
Operation research

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Industrial Engineering and Production Management
Works cost implies

Factory expenses
Primary cost
Factory cost
Primary cost + factory expenses

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Industrial Engineering and Production Management
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

Straight line method
ABC charging method
Annuity charging method
Sinking fund method

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Industrial Engineering and Production Management
If TL is the largest allowable event occurrence time, total activity slack (s) is equal to

TLEFT
All of these
Latest start time earliest start time
Latest finish time earliest finish time (EFT)

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Industrial Engineering and Production Management
Merit Rating is the method of determining worth of

A job
A particular division in workshop
Machine
An individual employee

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