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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Positive slack on a PERT indicates that project is

On critical path
Ahead of schedule
Beyond schedule
As per schedule

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Industrial Engineering and Production Management
The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store

Inflated system
Fixed price method
Current value method
Primary cost method

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Industrial Engineering and Production Management
'Value' for value engineering and analysis purposes is defined as

Function/cost
Purchase value
Depreciated value
Saleable value

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

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

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Industrial Engineering and Production Management
Frederick W. Taylor introduced a system of working known as

Functional organisation
Line and staff organisation
Line organisation
Effective organisation

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Industrial Engineering and Production Management
Job evaluation is the method of determining the

Relative worth of jobs
Contribution of a worker
Contribution of a job
Skills required by a worker

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