PERT

Question: PERT
[A].

provides an approach for keeping planning up-to-date

[B].

provides a way for management to require that planning be done on a uniform and logical basis

[C].

permits management to foresee quickly the impact of variations from the plan

[D].

all of the above

Answer: Option D

Explanation:

No answer description available for this question.

Monte Carlo solution in queuing theory is extremely useful in queuing problems that can not be analysed mathematically.

Question: Monte Carlo solution in queuing theory is extremely useful in queuing problems that can not be analysed mathematically.
[A].

Agree

[B].

Disagree

Answer: Option A

Explanation:

No answer description available for this question.

Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is __________ the standard time.

Question: Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is __________ the standard time.
[A].

one-fourth

[B].

one-half

[C].

equal to

[D].

twice

Answer: Option B

Explanation:

No answer description available for this question.

The bonus increases in proportion to the increase in efficiency. This statement applies to

Question: The bonus increases in proportion to the increase in efficiency. This statement applies to
[A].

Halsey plan

[B].

Ganttplan

[C].

Emerson’s efficiency plan

[D].

Rowan plan

Answer: Option C

Explanation:

No answer description available for this question.

In Emerson’s efficiency plan of wage incentive system, bonus is paid to a worker

Question: In Emerson’s efficiency plan of wage incentive system, bonus is paid to a worker
[A].

whose output exceeds 67% efficiency

[B].

on the percentage of time saved

[C].

on the percentage of time worked

[D].

on the percentage of standard time

Answer: Option A

Explanation:

No answer description available for this question.

According to Rowan plan of wage incentive system, bonus is paid to a worker

Question: According to Rowan plan of wage incentive system, bonus is paid to a worker
[A].

whose output exceeds 67% efficiency

[B].

on the percentage of time saved

[C].

on the percentage of time worked

[D].

on the percentage of standard time

Answer: Option C

Explanation:

No answer description available for this question.

If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be

Question: If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be
[A].

TR

[B].

[C].

TR + (S – T)R

[D].

Answer: Option D

Explanation:

No answer description available for this question.