Which one of the following chart gives simultaneously information about the progress of work and machine loading?
Man-machine chart
Different charts and diagrams are used in work study and operations management to analyze and improve processes. The question asks for a chart that provides information on both the progress of work and the loading of machines simultaneously.
Let's look at the different options provided and what information each type of chart typically presents:
The Man-machine chart is uniquely suited to provide information on both work progress and machine loading simultaneously. It breaks down the work cycle into elements and shows when the man is working, when the machine is working, and when either is idle. This detailed view allows for:
Therefore, the chart that gives simultaneous information about the progress of work (through the man's activity) and machine loading (through the machine's activity and idle time) is the Man-machine chart.
Factors which govern the operating cost of an equipment are :
1. Purchase price of the equipment
2. Depreciation due to regular use
3. Cost of operation, maintenance and repairs
Which of the above statements are correct ?
In Emerson's efficiency plan of wage incentive system, the bonus is paid to-
Match List I with List II
LIST I (Project Network concepts) | LIST II (Underlying meaning) | ||
| A. | Crashing an activity | I. | Length of the longest path through the project network |
| B. | Project Network | II. | It shows the time and cost when the activity is fully crashed |
| C. | Critical path | III. | It consists of a number of nodes and a number of arcs that connects two different nodes |
| D. | Crash point | IV. | Taking special (costly) measures to reduce the duration of an activity below its normal value |
Choose the correct answer from the options given below:
The following statements relate to project network. Choose the correct code for the statements being correct or incorrect.
Statement I: An activity cannot be represented by more than one arrow, but an arrow can represent one or more activities.
Statement II : The activities in a critical path can be preponed or postponed.
A public limited company has 9,00,000 shares outstanding at current market price of Rs. 130 per share. The company needs Rs. 2.25 crores to finance its proposed new project. The board of the company has decided to issue rights shares to raise the required money at Rs. 75 per share (as subscription price) to ensure that the rights issue is fully subscribed. How many rights are required to purchase a new share ?