Industrial Engineering and Production Management An optimum project schedule implies To produce best results under given constraints Lowest possible cost and shortest possible time for project Optimum utilization of men, machines and materials Timely execution of project To produce best results under given constraints Lowest possible cost and shortest possible time for project Optimum utilization of men, machines and materials Timely execution of project ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Earliest finish time can be regarded as Latest finish time + duration of activity Latest finish time duration of activity Earliest start time + duration of activity Earliest start time duration of activity Latest finish time + duration of activity Latest finish time duration of activity Earliest start time + duration of activity Earliest start time duration of activity ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The linear programming techniques can be applied successfully to industries like Iron and steel Food processing All of the listed here Oil and chemical Iron and steel Food processing All of the listed here Oil and chemical ANSWER DOWNLOAD EXAMIANS APP
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) CAM > DAM CAM < DAM CAM = DAM There is no such criterion CAM > DAM CAM < DAM CAM = DAM There is no such criterion ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be TR + (S - T) × R TR TR + [(S - T)/S] × R TR + [(S - T)/2] × R TR + (S - T) × R TR TR + [(S - T)/S] × R TR + [(S - T)/2] × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management An activity of the project is graphically represented by ________ on the network diagram. None of these An arrow A circle A straight line None of these An arrow A circle A straight line ANSWER DOWNLOAD EXAMIANS APP