Industrial Engineering and Production Management An optimum project schedule implies To produce best results under given constraints Optimum utilization of men, machines and materials Timely execution of project Lowest possible cost and shortest possible time for project To produce best results under given constraints Optimum utilization of men, machines and materials Timely execution of project Lowest possible cost and shortest possible time for project ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management When slack of an activity is negative All of these The activity is critical and any delay in its performance will delay the completion of whole project It represents a situation where extra resources are available and the completion of project is not delayed It represents that a programme falls behind schedule and additional resources are required to complete the project in time All of these The activity is critical and any delay in its performance will delay the completion of whole project It represents a situation where extra resources are available and the completion of project is not delayed It represents that a programme falls behind schedule and additional resources are required to complete the project in time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The standard time for a job is Total work content + delay contingency allowance Total work content Total work content + basic time Base time + relaxation time Total work content + delay contingency allowance Total work content Total work content + basic time Base time + relaxation time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management One of the basic essentials of an incentive plan is that A differential piece rate system should exist Minimum wages should be guaranteed All standards should be based on time studies Provide incentive to group efficiency performance A differential piece rate system should exist Minimum wages should be guaranteed All standards should be based on time studies Provide incentive to group efficiency performance ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Father of time study was F.W. Taylor F.B. Gilbert H.L. Gantt R.M. Barnes F.W. Taylor F.B. Gilbert H.L. Gantt R.M. Barnes ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time) (to + tp + 4tn)/6 (to + 2tp + tn)/4 (to + tp + tn)/3 (to + 4tp + tn)/5 (to + tp + 4tn)/6 (to + 2tp + tn)/4 (to + tp + tn)/3 (to + 4tp + tn)/5 ANSWER DOWNLOAD EXAMIANS APP
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