Q. Standard time is equal to

View solution

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

View solution

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

View solution

Q. Time study is carried out

View solution

Q. Two alternatives can produce a product. First has a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is

View solution

Q. Which of the following are the principles of material handling?

View solution

Q. The product layout

View solution

Q. An event is a function of two or more activities.

View solution

Q. The mathematical technique for finding the best use of limited resources of a company in the maximum manner is known as

View solution

Q. A PERT network has three activities on critical path with mean time 3, 8 and 6 and standard deviations 1, 2 and 2 respectively. The probability that the project will be completed in 20 days is

View solution

Q. Scheduling

View solution

Q. F. W. Taylor introduced a system of organisation known as

View solution

Q. The correct sequence of phases in value engineering is

View solution

Q. Micromotion study is

View solution

Q. A company spends considerable amount on publicity to promote sales. This expenditure in break even chart is shown below the

View solution

Q. Time study is used to

View solution

Q. Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is __________ the standard time.

View solution

Q. The main objective of work measurement is to

View solution

Q. Generally PERT is preferred over CPM for the purpose of project evaluation.

View solution

Q. The bonus increases in proportion to the increase in efficiency. This statement applies to

View solution