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Industrial Engineering and Production Management

Industrial Engineering and Production Management
Slack of various events on the critical path in PERT/CPM chart

Increases continuously
May increase or decrease depending on various factors
Remain constant
Decreases continuously

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Industrial Engineering and Production Management
A device used for lifting or lowering objects suspended from a hook at the end of retractable chains or cable is called

Portable elevator
Chain conveyor
Hoist
Jib crane

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Industrial Engineering and Production Management
Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?

Gantt plan
Halsey plan
Emerson's efficiency plan
Rowan plan

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Industrial Engineering and Production Management
M.T.M. is used to

Improve existing methods
Develop effective methods in advance of the beginning of production
All of these
Establish time standards

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Industrial Engineering and Production Management
Break-even analysis consists of

Operation costs
Fixed cost
Variable cost
Fixed and variable costs

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Industrial Engineering and Production Management
The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time)

(to + tp + tn)/3
(to + tp + 4tn)/6
(to + 4tp + tn)/5
(to + 2tp + tn)/4

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