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Production Technology

Monte Carlo solutions in queuing theory are extremely useful in queuing problems_________________?

Monte Carlo solutions in queuing theory are extremely useful in queuing problems_________________?

A. that can’t be analysed mathematically
B. involving multistage queuing
C. to verify mathematical results
D. all of the above
E. none of the above

Monte Carlo solutions in queuing theory are extremely useful in queuing problems_________________? Read More »

Production Technology

The basic difference between PERT and CPM is that_____________?

The basic difference between PERT and CPM is that_____________?

A. PERT deals with events and CPM with activities
B. critical path is determined in PERT only
C. costs are considered on CPM only and not in PERT
D. guessed times are used in PERT and evaluated times in CPM
E. PERT is used in workshops and CPM in plants

The basic difference between PERT and CPM is that_____________? Read More »

Production Technology

A big advantage of PERT over Gantt charts is that in the former case_________________?

A big advantage of PERT over Gantt charts is that in the former case_________________?

A. activities and events are clearly shown
B. early start and late finish of an activity are clearly marked
C. activity times are clear
D. critical path can be easily determined
E. inter-relationship among activities is clearly shown

A big advantage of PERT over Gantt charts is that in the former case_________________? Read More »

Production Technology

Slack represents the difference between the___________________?

Slack represents the difference between the___________________?

A. latest allowable time and the normal expected time
B. latest allowable time and the earliest expected time
C. proposed allowable time and the earliest expected time
D. normal allowable time and the latest expected time
E. project initiation tune and actual starting time

Slack represents the difference between the___________________? Read More »

Production Technology