Industrial Engineering and Production Management Slack of various events on the critical path in PERT/CPM chart Remain constant May increase or decrease depending on various factors Increases continuously Decreases continuously Remain constant May increase or decrease depending on various factors Increases continuously Decreases continuously ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Which one of the following represents a group incentive plan? Taylor Differential Piece Rate System Halsey Premium Plan Rowan Plan Scanlon Plan Taylor Differential Piece Rate System Halsey Premium Plan Rowan Plan Scanlon Plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Choose the wrong statement Time study is used to 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 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 Determine standard costs ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management 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 Rowan plan, wages for the job will be TR TR + [(S - T)/2] × R TR + [(S - T)/S] × R TR + (S - T) × R TR TR + [(S - T)/2] × R TR + [(S - T)/S] × R TR + (S - T) × R ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The reasons which are basically responsible for the formation of a queue should be that The average service rate Hess than the average arrival rate All of these Output rate is linearly proportional to input Output rate is constant and the input varies in a random manner The average service rate Hess than the average arrival rate All of these Output rate is linearly proportional to input Output rate is constant and the input varies in a random manner ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Value engineering aims at finding out the Resale value of a product Break-even point when machine requires change Major function of the item and accomplishing the same at least cost without change in quality Depreciation value of a product Resale value of a product Break-even point when machine requires change Major function of the item and accomplishing the same at least cost without change in quality Depreciation value of a product ANSWER DOWNLOAD EXAMIANS APP
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