Which of the following is incorrect with reference to work study?
A.Normal time = Representative time + Rating factor
B.Normal time = Representative time x Rating factor
C.Standard time = Normal time
D.Standard time = Normal time x Allowances
A.Normal time = Representative time + Rating factor
B.Normal time = Representative time x Rating factor
C.Standard time = Normal time
D.Standard time = Normal time x Allowances
A.Crushing
B.Negative slack
C.Variance
D.All of the above
A.It establishes the sequence and the relationship between significant programmes events
B.It is statistical technique which makes decisions
C.It points out slippages before the fact happens and its impact on others
D.It helps to formulate new schedules when the existing schedule cannot be met.
A.zero slack
B.minimum slack
C.maximum slack
D.infinite slack
A.A property held by a third person forcing the creditors to fulfil the obligation of the creditor
B.A property attached by the court order
C.A property lost in transit or fire for which claim from insurance company is due
D.Goodwill earned by a company
E.None of the above
A.Increased productivity
B.Less employee obsolescence
C.Improved morale
D.Increased manufacturing flexibility
A.CPM and PERT are event oriented techniques
B.CPM and PERT are activity oriented techniques
C.CPM is an activity oriented technique while PERT is an event oriented technique
D.None of the above
A.Few sellers
B.Few buyers
C.One seller
D.One buyer
E.Both few sellers and few buyers
A.Price will equal marginal cost
B.Marginal cost will equal average cost
C.Price will equal average cost
D.Prices will equal average variable cost
A.Cost of raw material
B.cost of machining
C.Power consumption in fabrication
D.Training for job
E.None of the above