The use of CPM lies in

The mathematics technique for finding the best use of limited resources of a company in the optimum manner is known as

In linear programming problem, the term which is not involved is

A dummy activity is:

While solving a linear programming model, if a redundant constraint is added, then what will be its effect on existing solution?

Monte Carlo simulation of queues is used when

A Transportation firm has 4 exit (Supply) point and 5 entry (Demand) points. The total number of entries is greater than exits. So the number of iterations excluding degeneracy would be:

The supply at three sources is 80, 30, and 40 units respectively while the demand at the four destinations is 30, 20, 25, and 55 units. In solving this transportation problem

While doing the project planning of a Construction: project, using PERT, it is intended to identify the variance of the project. This can be done by:

In a graphical solution of solving Linear Programming problem to convert inequalities into equations, it is essential to use-

In the Simplex method if in pivot column all the entries are negative or zero when choosing leaving variable then

In PERT analysis, a critical activity has:

The term 'jockeying' in queuing theory refers to

Consider the following statements in respect of PERT and CPM: Which of the statements are correct?

1. PERT is event-oriented while CPM is activity-oriented.
2. PERT is probabilistic while CPM is deterministic.
3. Levelling and smoothing are the techniques related to resource scheduling in CPM.

The artificial activity which indicates that an activity following it cannot be started unless the preceding activity is complete, is known as-

In PERT analysis, the possible number of time estimates for activities linking up two events are -

In Emerson's efficiency plan of wage incentive system, the bonus is paid to-

Which of the following statements is FALSE about CPM?

Negative slack occurs when -

Which of the following distribution represents the time estimates in PERT ?

In queuing theory, the ratio of the mean arrival rate and the mean service rate is called the-

Slack represents the difference between the-

The amount of time by which an activity can be delayed without affecting project completion time is

The objective of work measurement is to:

As opposed to detailed transaction information, the MIS responds to the need for

Bin Card is the record preserved under the perpetual inventory system in -

ABC inventory control focuses on those

The time for which a piece of equipment operates is called

The basic purpose of multiple activity chart is to

A time study is done to assess how long it will take to perform a task by

The rule used for numbering events involved in project scheduling network is

Which one of the following is NOT a technique of inventory control?

Adaptive response rate forecasting is related to

Work costs defined as

The process of fixing the sequence of operations and material flow is

Which philosophy eliminates sources of manufacturing waste by producing the right part in the right place at the right time?

Bin cards are used in keeping record of -

The correct sequence of increasing production volume is

Which one of the following is not a characteristic of JIT manufacturing system?

A production line is said to be balanced when

The correct sequence of operations in production planning and control is

Which of the following is a type of pre-emptive job scheduling done by the operating systems?

Production planning

Bucket is a term used In MRP systems It is a

What is the full form of MPS in manufacturing?

What is the full form of MPS in manufacturing?

The primary function of a___________________is to produce a record of an existing set of conditions so that the job of seeing what is actually taking place is made as simple as possible.

Which one of the following contains design data on all products, e.g., their constituent components and parts?

Which of the following is a type of indirect inventory?

Travel chart mainly helps