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

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Industrial Engineering and Production Management
The value engineering technique in which experts of the same rank assemble for product development is called

Direct expert comparison
Delphi
Brain storming
Morphological analysis

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Industrial Engineering and Production Management
The production cost per unit can be reduced by

Producing more with increased inputs
Producing more with the same inputs
Eliminating idle time
Minimizing resource waste

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Industrial Engineering and Production Management
In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker

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

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Industrial Engineering and Production Management
The term 'value' in value engineering refers to

Total cost of the product
Manufactured cost of the product
Utility of the product
Selling price of the product

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Industrial Engineering and Production Management
Slack of various events on the critical path in PERT/CPM chart

Decreases continuously
Remain constant
May increase or decrease depending on various factors
Increases continuously

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