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Production Management and Industrial Engineering - Interview Questions and Answers

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16. PERT and CPM are
A. techniques to determine project status
B. decision making techniques
C. charts which increase aesthetic ap-pearance of rooms
D. aids to determine cost implications of project
E. aids to the decision maker.
Explanation:
17. The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as
A. Dry work Plan
B. Halsey Premium Plan
C. Taylor Plan
D. Bedaux Plan
E. Rowan Plan.
Explanation:
18. In A-B-C control policy, maximum attention is given to
A. those items which consume money
B. those items which are not readily available
C. thosex items which are in more demand
D. those items which consume more money
E. proper quality assurance program-mes.
Explanation:
19. Accordmg to Rowan plan, if H = hourly rate, A = actual time and S = standard time, then wages will be
A. HA
B. HA + (S~A) HA
C. HA + ^^-H
D. HA + ^^-H
E. HA + ^^-HA.
Explanation:
20. The mathematical technique for finding the best use of limited resources in an optimum manner is known as
A. operation research
B. linear programming
C. network analysis
D. queuing theory
E. break-even analysis.
Explanation:
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