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Industrial Engineering and Production Management

Industrial Engineering and Production Management
If TL is the largest allowable event occurrence time, total activity slack (s) is equal to

Latest start time earliest start time
Latest finish time earliest finish time (EFT)
TLEFT
All of these

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Industrial Engineering and Production Management
The start or completion of task is called

A duration
None of these
An event
An activity

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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 time saved
On the percentage of standard time
On the percentage of time worked

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Industrial Engineering and Production Management
A dummy activity

Is artificially introduced
Does not require any time
All of the these
Is represented by a dotted line

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

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

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Industrial Engineering and Production Management
Break-even analysis shows profit when

Sales revenue = total cost
Variable cost < fixed cost
Sales revenue > total cost
Sales revenue < total cost

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