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Industrial Engineering and Production Management

Industrial Engineering and Production Management
PERT is

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

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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

0.5
0.66
0.95
0.84

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Industrial Engineering and Production Management
Works cost implies

Factory cost
Factory expenses
Primary cost + factory expenses
Primary cost

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Industrial Engineering and Production Management
The work study is done by means of

Any one of these
Stop watch
Process chart
Planning chart

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Industrial Engineering and Production Management
Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it

Is a dangling event
Consumes resources but no time
Consumes neither time nor resources
Consumes time, but no resources

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Industrial Engineering and Production Management
Break-even analysis can be used for

Average of above two run analysis
Short run analysis
There is no such criterion
Long run analysis

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