The standard time for a job is Total work content + basic time Total work content Base time + relaxation time Total work content + delay contingency allowance TRUE ANSWER : ? YOUR ANSWER : ?
Inventory management consists of Stock control system State of merchandise methods of storing and maintenance etc. Effective running of stores All of these TRUE ANSWER : ? YOUR ANSWER : ?
In order that linear programming techniques provide valid results Only one factor should change at a time, others remaining constant Relations between factors must be linear (negative) Either (A) or (B) Relations between factors must be linear (positive) TRUE ANSWER : ? YOUR ANSWER : ?
'Value' for value engineering and analysis purposes is defined as Function/cost Saleable value Purchase value Depreciated value TRUE ANSWER : ? YOUR ANSWER : ?
If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Halsey 50-50 plan, wages for the job will be TR + [(S - T)/2] × R TR + [(S - T)/S] × R TR + (S - T) × R TR TRUE ANSWER : ? YOUR ANSWER : ?
Discrepancies of bar chart techniques are Free time available for an activity can't be predicted All of these Effective monitoring/controlling can't be done Consequential effects of lack in one activity on the finish date TRUE ANSWER : ? YOUR ANSWER : ?
In the cost structure of a product, the selling price is determined by the factors such as All of these Sales turn over Lowest competitive price Various elements of the cost TRUE ANSWER : ? YOUR ANSWER : ?
PERT Provides an approach for keeping planning up-to-date Provides a way for management to require that planning be done on a uniform and logical basis All of the listed here Permits management to foresee quickly the impact of variations from the plan TRUE ANSWER : ? YOUR ANSWER : ?
The objective of time study is to determine the time required to complete a job by Average worker Slow worker New entrant Fast worker TRUE ANSWER : ? YOUR ANSWER : ?