Industrial Engineering And Production Management - Study Mode

[#206] Bar charts are suitable for
Correct Answer

(A) Minor works

Explanation

Solution: Bar charts are suitable for Minor works

[#207] The simplex method is the basic method for
Correct Answer

(C) Linear programming

Explanation

Solution: The simplex method is the basic method for Linear programming. The Simplex method is a search procedure that sifts through the set of basic feasible solutions, one at a time, until the optimal basic feasible solution is identified.

[#208] 'O' on a PERT/CPM chart represents
Correct Answer

(A) An ordinary event

Explanation

Solution: The Symbol on a PERT / CPM chart represents: An ordinary event A significant event representing some mile-stone An event to be transferred to other network chart Dangling event

[#209] The most popular type of organisation used for Civil Engineering Constructions is
Correct Answer

(A) Line organization

Explanation

Solution: Line organization is the most oldest and simplest method of administrative organization. According to this type of organization, the authority flows from top to bottom in a concern. The line of command is carried out from top to bottom.

[#210] In break even analysis, total cost consists of
Correct Answer

(C) Fixed cost + variable cost

Explanation

Solution: The break-even point (BEP) or break-even level represents the sales amount—in either unit (quantity) or revenue (sales) terms—that is required to cover total costs, consisting of both fixed and variable costs to the company. Total profit at the break-even point is zero.