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Industrial Engineering and Production Management

Industrial Engineering and Production Management
CPM stands for

Critical Process Method
Critical Path Method
Common Planning Method
Combined Process Method

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Industrial Engineering and Production Management
Critical path on PERT/CPM chart is obtained by joining the events having

No slack
Minimum slack
Average slack
Maximum slack

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Industrial Engineering and Production Management
Merit Rating is the method of determining worth of

A job
A particular division in workshop
Machine
An individual employee

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Industrial Engineering and Production Management
At the break-even point,

Total cost is equal to sales revenue
Total cost is less than the sales revenue
Fixed cost is equal to variable cost
Total cost is more than the sales revenue

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Industrial Engineering and Production Management
In order to avoid excessive multiplication of facilities, the layout preferred is

Group layout
Product layout
Process layout
Static layout

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Industrial Engineering and Production Management
Monte Carlo solutions in queuing theory are extremely useful in queuing problems

Involving multistage queuing
To verify mathematical results
That can't be analysed mathematically
All of the these

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