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Industrial Engineering and Production Management

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

Beyond schedule
On critical path
As per schedule
Ahead of schedule

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Industrial Engineering and Production Management
Queuing theory deals with problems of

Material handling
Better utilization of man services
Reducing the waiting time or idle time
Effective use of machines

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Industrial Engineering and Production Management
In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on:

A standard rating system
A job evaluation system
His individual performance
A merit rating system

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Industrial Engineering and Production Management
In the Emerson efficiency plan, a worker receives only his daily wage and no bonus is paid till his efficiency reaches

0.8
0.75
0.6667
0.5

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Industrial Engineering and Production Management
Break-even analysis consists of

Operation costs
Fixed cost
Variable cost
Fixed and variable costs

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Industrial Engineering and Production Management
Choose the wrong statement Time study is used to

Determine standard costs
Determine the capability of an operator to handle the number of machines
Determine overhead expenses
Provide a basis for setting piece prices or incentive wages

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