Industrial Engineering and Production Management
Time study is used to

Determine standard costs
Provide a basis for setting piece price or incentive wages
Determine the number of machines a person may run
All of the these

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Industrial Engineering and Production Management
The assumption in PERT is

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
Activities are fixed and can't be changed
A project can be subdivided into a set of predictable, independent activities

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