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Industrial Engineering and Production Management

Industrial Engineering and Production Management
An event is indicated on the network by

A straight line
A number enclosed in a circle or a square
A straight line with circles at the ends
A dotted line

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Industrial Engineering and Production Management
In CPM, the cost slope is determined by

Crash cost/Normal Cost
Normal Cost/Crash cost
(Normal cost - Crash cost)/ (Normal time - Crash time)
(Crash Cost - Normal cost)/ (Normal time - Crash time)

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Industrial Engineering and Production Management
The objective of time study is to determine the time required to complete a job by

Fast worker
Slow worker
New entrant
Average worker

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Industrial Engineering and Production Management
The break-even point represents

The most economical level of operation of any industry
The time when unit can run without any loss and profit
The time when company can make maximum profits
Time when industry will undergo loss

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Industrial Engineering and Production Management
CPM requires

Single time estimate
None of these
Double time estimate
Triple time estimate

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Industrial Engineering and Production Management
Halsey plan of wage incentive

Is not applied to all level of workers
Does not guarantee minimum wage
Is based upon efficiency of worker
Is applied to all level of workers

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