Industrial Engineering and Production Management The basic difference between PERT and CPM is that Costs are considered on CPM only and not in PERT Critical path is determined in PERT only PERT deals with events and CPM with activities Guessed times are used in PERT and evaluated times in CPM Costs are considered on CPM only and not in PERT Critical path is determined in PERT only PERT deals with events and CPM with activities Guessed times are used in PERT and evaluated times in CPM ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The time which results in the least possible direct cost of an activity is known as Standard time Crash time Normal time Slow time Standard time Crash time Normal time Slow time ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management The two bin system is concerned with Ordering procedure Production planning Despatching and expediting Forecasting sales Ordering procedure Production planning Despatching and expediting Forecasting sales ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Product layout is used for Mass production Any one of these Batch production Job production Mass production Any one of these Batch production Job production ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In value engineering, important consideration is given to Function concept Cost reduction Profit maximization Customer satisfaction Function concept Cost reduction Profit maximization Customer satisfaction ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In fixed position layout Capital investment is minimum Total production cost is less All of these Material movement is less Capital investment is minimum Total production cost is less All of these Material movement is less ANSWER DOWNLOAD EXAMIANS APP
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