Q. Slack represents the difference between the

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Q. If F is the fixed cost, V is the variable cost per unit (or total variable costs) and P is the selling price of each unit (or total sales value), then break even point is equal to

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Q. CPM stands for

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Q. The average time recorded by work study man for an operation is called

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Q. In value engineering, important consideration is given to

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Q. The unit cost in case of batch production is __________ as compared to jobbing production.

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Q. Merit rating is the method of determining the

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Q. PERT stands for

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Q. In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker

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Q. M.T.M. is used to

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Q. A dummy activity in a net work diagram

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Q. When slack of an activity is positive

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Q. For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be

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Q. Follow-up prescribes the sequence of operations to be followed.

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Q. Dummy activities are used to

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Q. Which of the following statement is wrong?

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Q. The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of

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Q. Standard time is equal to

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Q. In inventory control, the economic ordering quantity is obtained by the quantity whose procurement cost is equal to inventory carrying cost.

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Q. The essential condition for the decompression of an activity is that

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