Industrial Engineering and Production Management The assumption in PERT is A project can be subdivided into a set of predictable, independent activities Activities are fixed and can't be changed Cost of project will always be more than the estimated cost, if no timely corrections are taken A project will always be behind schedule, if left uncorrected A project can be subdivided into a set of predictable, independent activities Activities are fixed and can't be changed Cost of project will always be more than the estimated cost, if no timely corrections are taken A project will always be behind schedule, if left uncorrected ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Critical path on PERT/CPM chart is obtained by joining the events having No slack Maximum slack Minimum slack Average slack No slack Maximum slack Minimum slack Average slack ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management String diagram is used when All of these Team of workers is working at a place Material handling is to be done Idle time is to be reduced All of these Team of workers is working at a place Material handling is to be done Idle time is to be reduced ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by AP/C (AP/C)² √(2AP/C) 2AP/C AP/C (AP/C)² √(2AP/C) 2AP/C ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Dummy activities are used to None of these Determine the critical path Determine the project completion time Maintain the required net work None of these Determine the critical path Determine the project completion time Maintain the required net work ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Breakeven analysis is a Long term analysis Short term analysis Average of short and long term analysis Any one of these Long term analysis Short term analysis Average of short and long term analysis Any one of these ANSWER DOWNLOAD EXAMIANS APP
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