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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Works cost implies

Primary cost + factory expenses
Factory cost
Factory expenses
Primary cost

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Industrial Engineering and Production Management
CPM stands for

Combined Process Method
Critical Process Method
Critical Path Method
Common Planning Method

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Industrial Engineering and Production Management
Indirect expenses include

All of these
Factory expenses
Selling expenses
Administrative expenses

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Industrial Engineering and Production Management
If E is the duration, ES and EF are die earliest start and finish times, LS and LF are latest start and finish times, then the following relation holds good

All of these
LS = LFD
EF = ES + D
LF = LS + D

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Industrial Engineering and Production Management
Valve analysis is particularly of interest when

Only few components are involved
Production is on large scale
Costly equipment is used
Jobbing work economics are involved

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Industrial Engineering and Production Management
'O' on a PERT/CPM chart represents

Dangling event
A significant event representing some milestone
An event to be transferred to other network chart
An ordinary event

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