Service time in queuing theory is usually assumed to follow Poisson’s distribution Normal distribution Erlang distribution Exponential law TRUE ANSWER : ? YOUR ANSWER : ?
A diagram showing the path followed by men and materials while performing a task is known as Flow diagram String diagram Flow process chart Travel chart TRUE ANSWER : ? YOUR ANSWER : ?
The term 'value' in value engineering refers to Selling price of the product Utility of the product Total cost of the product Manufactured cost of the product TRUE ANSWER : ? YOUR ANSWER : ?
Process layout is also known as Analytical-layout Static product layout Synthetic layout None of these TRUE ANSWER : ? YOUR ANSWER : ?
The probability distribution of project completion in PERT follows following distribution Gaussian Exponential Normal Binomial TRUE ANSWER : ? YOUR ANSWER : ?
Merit rating is the method of determining the Worth of a machine Relative values of a job Workers performance on a job Value of overall production TRUE ANSWER : ? YOUR ANSWER : ?
Which one of the following represents a group incentive plan? Taylor Differential Piece Rate System Halsey Premium Plan Rowan Plan Scanlon Plan TRUE ANSWER : ? YOUR ANSWER : ?
In order that linear programming techniques provide valid results Relations between factors must be linear (positive) Either (A) or (B) Only one factor should change at a time, others remaining constant Relations between factors must be linear (negative) TRUE ANSWER : ? YOUR ANSWER : ?
If TL is the largest allowable event occurrence time, total activity slack (s) is equal to TLEFT Latest finish time earliest finish time (EFT) All of these Latest start time earliest start time TRUE ANSWER : ? YOUR ANSWER : ?
The aim of value engineering is to All of these Minimize the cost without change in quality of the product Find the depreciation value of a machine Determine the selling price of a product TRUE ANSWER : ? YOUR ANSWER : ?