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Industrial Engineering and Production Management

Industrial Engineering and Production Management
In PERT analysis, critical path is obtained by joining events having

Dummy activities
-ve slack
Zero slack
+ve slack

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Industrial Engineering and Production Management
The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as

Halsey Premium Plan
Dry work Plan
Taylor Plan
Rowan Plan

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Industrial Engineering and Production Management
Gantt charts are used for

Forecasting sales
Linear programming
Scheduling and routing
Production schedule

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Industrial Engineering and Production Management
Inventory management consists of

State of merchandise methods of storing and maintenance etc.
Effective running of stores
All of these
Stock control system

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Industrial Engineering and Production Management
Queuing theory deals with problems of

Reducing the waiting time or idle time
Better utilization of man services
Material handling
Effective use of machines

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Industrial Engineering and Production Management
If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be

TR + [(S - T)/2] × R
TR + [(S - T)/S] × R
TR + (S - T) × R
TR

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