121. Which of the following are the guidelines for the construction of a network diagram? September 14, 2025 by Admin Each activity is represented by one and only one arrow in the network. Dangling must be avoided in a network diagram. Dummy activity consumes no time or resource. all of the above ✅ The correct answer is option D.
122. In inventory control theory, the economic order quantity is September 14, 2025 by Admin average level of inventory optimum lot size capacity of a warehouse lot size corresponding to break-even analysis ✅ The correct answer is option B.
123. A-B-C analysis is used in September 14, 2025 by Admin CPM PERT inventory control all of these ✅ The correct answer is option C.
124. Queuing theory is associated with September 14, 2025 by Admin inventory sales waiting time production time ✅ The correct answer is option C.
125. PERT requires September 14, 2025 by Admin single time estimate double time estimate triple time estimate none of these ✅ The correct answer is option C.
126. In a line organisation September 14, 2025 by Admin responsibility of each individual is fixed discipline is strong quick decisions are taken all of these ✅ The correct answer is option D.
127. Production cost refers to prime cost plus September 14, 2025 by Admin factory overheads factory and administration overheads factory, administration and sales overheads factory, administration, sales overheads and profit ✅ The correct answer is option A.
128. When slack of an activity is negative September 14, 2025 by Admin it represents a situation where extra resources are available and the completion of project is not delayed it represents that a programme falls behind schedule and additional resources are required to complete the project in time the activity is critical and any delay in its performance will delay the completion of whole project all of the above ✅ The correct answer is option B.
129. In break even analysis, total cost consists of September 14, 2025 by Admin fixed cost + sales revenue variable cost + sales revenue fixed cost + variable cost fixed cost + variable cost + profit ✅ The correct answer is option C.
130. A device used for lifting or lowering objects suspended from a hook at the end of retractable chains or cable is called September 14, 2025 by Admin hoist jib crane portable elevator chain conveyor ✅ The correct answer is option A.