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.Management Sciences
A. optimum utilization of men, machines and materials
B. lowest possible cost and shortest possible time for project
C. timely execution of project
D. to produce best results under given constraints
E. realistic execution time, minimum cost and maximum profits
Related Mcqs:
- Inventory control in production, planning and control aims at________________?
- A. achieving optimisation B. ensuring against market fluctuations C. acceptable customer service at low capital investment in inventory D. discounts allowed in bulk purchase E. regulate supply and demand...
- In the Halsey system of wage incentive plan, a worker is ________________?
- A. paid as per efficiency B. ensured of minimum wages C. not paid any bonus till his efficiency D. never a loser E. induced to do more work...
- The most important objective behind plant layout is_____________________?
- A. overall simplification, safety of integration B. economy in space C. maximum travel time in plant D. to provide conveniently located shops E. to avoid any bottlenecks...
- String diagram is used when__________________?
- A. team of workers is working at a place B. material handling is to be done C. idle time is to be reduced D. all of the above E. none of the above...
- Pick up the correct statement from the following?
- A. the float may be positive, zero or negative B. if the float is positive and the activity is delayed by a period equal to its total float, the completion of project in not delayed C. if the float of an activity is negative, delay in its performance is bound to delay the completion of … Pick up the correct statement from the following?Read More...
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