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Industrial Engineering and Production Management

Industrial Engineering and Production Management
According to MAPI formula, the old machine should be replaced by new one when (Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum)

There is no such criterion
CAM < DAM
CAM > DAM
CAM = DAM

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Industrial Engineering and Production Management
Which of the following plans motivates supervisors by paying a premium on time saved by workers?

Haynes plan
Emerson's plan
Halsey plan
Rowan plan

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Industrial Engineering and Production Management
Break-even point is the point where

Fixed and total cost lines intersect
Sales revenue and total expensive lines intersect
Variable and total cost lines intersect
Fixed and variable cost lines intersect

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Industrial Engineering and Production Management
Slack of various events on the critical path in PERT/CPM chart

Decreases continuously
May increase or decrease depending on various factors
Remain constant
Increases continuously

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Industrial Engineering and Production Management
Positive slack on a PERT indicates that project is

On critical path
Beyond schedule
As per schedule
Ahead of schedule

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Industrial Engineering and Production Management
In PERT analysis, critical path is obtained by joining events having

-ve slack
+ve slack
Dummy activities
Zero slack

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