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Industrial Engineering and Production Management

Industrial Engineering and Production Management
PERT is

Used for research and development projects
All of the listed here
Limit up of event oriented diagrams
An analytic tool in concept

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Industrial Engineering and Production Management
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

Break-even chart
PERT chart
Gantt chart
Flow chart

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Industrial Engineering and Production Management
Dummy activities are used to

Determine the project completion time
Maintain the required net work
None of these
Determine the critical path

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Industrial Engineering and Production Management
Replacement studies are made on the following basis

Rate of return method
Annual cost method
Total life average method
Any one of the above

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Industrial Engineering and Production Management
The two bin system is concerned with

Despatching and expediting
Forecasting sales
Ordering procedure
Production planning

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Industrial Engineering and Production Management
The difference between the time available to do the job and the time required to do the job, is known as

Constraint
Duration
Event
Float

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