Industrial Engineering and Production Management
The technique for establishing and maintaining priorities among the various jobs of any project is known as

Event flow scheduling technique
Short interval scheduling
Slotting technique for scheduling
Critical ratio scheduling

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Industrial Engineering and Production Management
Slack represents the difference between the

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

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Industrial Engineering and Production Management
Value engineering aims at finding out the

Major function of the item and accomplishing the same at least cost without change in quality
Resale value of a product
Break-even point when machine requires change
Depreciation value of a product

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