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Total Questions : 1536 | Page 14 of 154 pages
Question 131. PERT and CPM are
  1.    Techniques to determine project status
  2.    Decision making techniques
  3.    Charts which increase aesthetic appearance of rooms
  4.    Aids to the decision maker
 Discuss Question
Answer: Option D. -> Aids to the decision maker
Question 132. PERT
  1.    Provides an approach for keeping planning up-to-date
  2.    Provides a way for management to require that planning be done on a uniform and logical basis
  3.    Permits management to foresee quickly the impact of variations from the plan
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 133. PERT is
  1.    An analytic tool in concept
  2.    Limit up of event oriented diagrams
  3.    Used for research and development projects
  4.    All of the above
 Discuss Question
Answer: Option D. -> All of the above
Question 134. PERT is the
  1.    Time oriented technique
  2.    Event oriented technique
  3.    Activity oriented technique
  4.    Target oriented technique
 Discuss Question
Answer: Option B. -> Event oriented technique
Question 135. PERT requires
  1.    Single time estimate
  2.    Double time estimate
  3.    Triple time estimate
  4.    None of these
 Discuss Question
Answer: Option C. -> Triple time estimate
Question 136. PERT stands for
  1.    Program Estimation and Reporting Technique
  2.    Process Estimation and Review Technique
  3.    Program Evaluation and Review Technique
  4.    Planning Estimation and Resulting Technique
 Discuss Question
Answer: Option C. -> Program Evaluation and Review Technique
Question 137. The factors which are to be considered while developing a good wage incentive plan will include
  1.    Adequate incentive
  2.    Ease of administration
  3.    Guaranteed basic pay
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
Question 138. In the Halsey system of wage incentive plan, a worker is
  1.    Paid as per efficiency
  2.    Ensured of minimum wages
  3.    Not paid any bonus till his efficiency
  4.    Never a loser
 Discuss Question
Answer: Option B. -> Ensured of minimum wages
Question 139. If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to
  1.    (F × V)/P
  2.    (F × P)/V
  3.    F/[1 + (V/P)]
  4.    F/[1 - (V/P)]
 Discuss Question
Answer: Option D. -> F/[1 - (V/P)]
Question 140. Under the Apprenticeship Act
  1.    All industries have to necessarily train the apprentices
  2.    Industries have to train apprentices according to their requirement
  3.    All industries employing more than 100 workers have to recruit apprentices
  4.    Only industries employing more than 500 workers have to recruit apprentices
 Discuss Question
Answer: Option D. -> Only industries employing more than 500 workers have to recruit apprentices

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