Industrial Engineering and Production Management The basic difference between PERT and CPM is that Costs are considered on CPM only and not in PERT Guessed times are used in PERT and evaluated times in CPM PERT deals with events and CPM with activities Critical path is determined in PERT only Costs are considered on CPM only and not in PERT Guessed times are used in PERT and evaluated times in CPM PERT deals with events and CPM with activities Critical path is determined in PERT only ANSWER DOWNLOAD EXAMIANS APP
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 Day work plan Rowan Plan Taylor Differential Piece rate system Halsey Premium plan Day work plan Rowan Plan Taylor Differential Piece rate system Halsey Premium plan ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The assumption in PERT is Activities are fixed and can't be changed Cost of project will always be more than the estimated cost, if no timely corrections are taken A project can be subdivided into a set of predictable, independent activities A project will always be behind schedule, if left uncorrected Activities are fixed and can't be changed Cost of project will always be more than the estimated cost, if no timely corrections are taken A project can be subdivided into a set of predictable, independent activities A project will always be behind schedule, if left uncorrected ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Linear programming can be applied successfully to All of these Chemical industry Banks Oil industry All of these Chemical industry Banks Oil industry ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In order that linear programming techniques provide valid results Either (A) or (B) Relations between factors must be linear (positive) 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) Only one factor should change at a time, others remaining constant Relations between factors must be linear (negative) ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Slack represents the difference between the Proposed allowable time and the earliest expected time Latest allowable time and the normal expected time Normal allowable time and the latest expected time Latest allowable time and the earliest expected time Proposed allowable time and the earliest expected time Latest allowable time and the normal expected time Normal allowable time and the latest expected time Latest allowable time and the earliest expected time ANSWER DOWNLOAD EXAMIANS APP
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