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Industrial Engineering and Production Management

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

Minimum slack
No slack
Average slack
Maximum slack

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

Machine
An individual employee
A job
A particular division in workshop

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Industrial Engineering and Production Management
'Value' for value engineering and analysis purposes is defined as

Saleable value
Function/cost
Purchase value
Depreciated value

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Industrial Engineering and Production Management
In a PERT chart

All activities should be numbered
Only critical activities are numbered
Only important activities should be numbered
Only selected activities are numbered

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Industrial Engineering and Production Management
The probability distribution of activity times in PERT follows following distribution

Normal
Binomial
Beta
Exponential

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Industrial Engineering and Production Management
Which of the following conditions are necessary for applying linear programming?

All of these
The decision variables should be interrelated and nonnegative.
These must be a well defined objective function.
The resources must be in limited supply.

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