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Industrial Engineering and Production Management

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

As per schedule
Ahead of schedule
On critical path
Beyond schedule

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Industrial Engineering and Production Management
According to MAPI formula, the old machine should be replaced by new one when
(Here, CAM = Challenger's Adverse minimum, DAM = Defender's Adverse minimum)

CAM < DAM
CAM > DAM
There is no such criterion
CAM = DAM

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Industrial Engineering and Production Management
The most suitable incentive plan for the maintenance section of an industry will be

Simplification
Group incentive plan
Profit sharing plans
Piece rate system

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Industrial Engineering and Production Management
The time required to complete a task is established and a bonus is paid to the worker for every hour he saves from the established time required. This type of incentive plan is known as

Rowan Plan
Taylor Differential Piece rate system
Day work plan
Halsey Premium plan

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Industrial Engineering and Production Management
Bar charts are suitable for

Large projects
Minor works
Major works
All of these

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Industrial Engineering and Production Management
An event is indicated on the network by

A straight line with circles at the ends
A dotted line
A straight line
A number enclosed in a circle or a square

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