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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Standard time as compared to normal time is

Greater
There is no such correlation
Equal
Smaller

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Industrial Engineering and Production Management
A dummy activity

Is artificially introduced
Does not require any time
Is represented by a dotted line
All of the these

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Industrial Engineering and Production Management
Critical path on PERT/CPM chart is obtained by joining the events having

No slack
Minimum slack
Average slack
Maximum slack

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Industrial Engineering and Production Management
A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

Gantt chart
PERT chart
Break-even chart
Flow chart

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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
In PERT analysis, critical path is obtained by joining events having

Dummy activities
Zero slack
+ve slack
-ve slack

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