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Industrial Engineering and Production Management

Industrial Engineering and Production Management
If E is the duration, ES and EF are die earliest start and finish times, LS and LF are latest start and finish times, then the following relation holds good

LF = LS + D
LS = LFD
EF = ES + D
All of these

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Industrial Engineering and Production Management
In the cost structure of a product, the selling price is determined by the factors such as

Various elements of the cost
Sales turn over
Lowest competitive price
All of these

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Industrial Engineering and Production Management
A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is

0.66
0.95
0.84
0.5

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

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

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Industrial Engineering and Production Management
According to Rowan plan of wage incentive system, bonus is paid to a worker

Whose output exceeds 67% efficiency
On the percentage of standard time
On the percentage of time saved
On the percentage of time worked

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Industrial Engineering and Production Management
A critical activity has

Minimum slack
Maximum slack
Zero slack
Average slack

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