Industrial Engineering and Production Management
Pessimistic time is

The most probable time considering all conditions
The maximum time which an activity might require
The minimum time in which an activity can possibly be accomplished
The average time required for a job

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Industrial Engineering and Production Management
The correct sequence of phases in value engineering is

Information phase, creative phase, investigation phase, evaluation phase
Creative phase, information phase, investigation phase, evaluation phase
Investigation phase, information phase, creative phase, evaluation phase
Creative phase, investigation phase, evaluation phase, information phase

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Industrial Engineering and Production Management
Pick up the incorrect statement from the following. A critical ratio scheduling

Establishes the relative priorities among various activities on a common basis
Determines the status of each activity
Adjusts automatically changes in activity progress
All of the these

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