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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is _________ the standard time.

One-half
Twice
One-fourth
Equal to

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Industrial Engineering and Production Management
Works cost implies

Primary cost
Factory expenses
Factory cost
Primary cost + factory expenses

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Industrial Engineering and Production Management
Queuing theory is associated with

Production time
Sales
Waiting time
Inspection time

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Industrial Engineering and Production Management
An optimum project schedule implies

Lowest possible cost and shortest possible time for project
To produce best results under given constraints
Timely execution of project
Optimum utilization of men, machines and materials

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Industrial Engineering and Production Management
A milestone chart

None of the these
Points outgoing ahead of schedule of jobs, if any
Depicts the delay of jobs, if any
Shows the inter dependences of various jobs

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Industrial Engineering and Production Management
A critical activity has

Average slack
Maximum slack
Minimum slack
Zero slack

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