Which of the following violates a fundamental rule of network diagram construction?

• A) Multiple arrows for one activity
• B) Node with multiple incoming activities
• C) Two activities from one node
• D) Activities with different durations

If the variance of the project length = 25, expected and scheduled times are 40 and 36 respectively, then the Standard Normal Variable of the given project is-------------.

• A) 0.16
• B) 0.80
• C) -0.80
• D) -0.16

In a network flow diagram, if two jobs ‘a(l,n)’ and ‘b(m,n)’ of ‘7’ and ‘8’ days durations respectively, start earlier simultaneously on 4th day, then the next activity containing ‘n’ as head event can’t start until the entering activity -------------- is completed.

• A) (l,n)
• B) (l,m)
• C) (m,n)
• D) (m,l)

While finding the Critical Path, in the phase of Early Start and Early Finish computations, we start from -------- event and proceed calculations from left to right up to the final event.

• A) first
• B) middle
• C) last
• D) arbitrary

CPM is abbreviation of ______________ .

• A) Critical Performance Method
• B) Constant Process Method
• C) Continuous Path Membership
• D) Critical Path Method

In a development project, if an activity (m,n) of seven days duration, starts late on 3rd day then which of the following will be its latest finish time?

• A) 4nd day
• B) 21th day
• C) 3rd day
• D) 10th day

In a network flow diagram, the precedence relationship among the activitiees are indicated through -------------.

• A) dummy
• B) nodes
• C) branch
• D) project

PERT is an acronym for ___________ .

• A) Program Evaluation and Review Teacher
• B) Program Execution and Revenue Technique
• C) Performance Evaluation and Review Technique Observation
• D) Program Evaluation and Review Technique

By putting the replacement rate ‘R?infinity’ in the Economic Order Quantity(EOQ) of Manufacturing Model with allowed Shortage, then the result is -----------.

• A) EOQ of Manufacturing Model without Shortage
• B) invariant
• C) EOQ of Purchasing Model with allowed Shortage
• D) EOQ of Purchasing Model without Shortage

What is a common constraint in projects that require resource allocation?

• A) Abundant funding
• B) Unpredictable activity times
• C) Limited resources
• D) Flexible deadlines

A shortage of 20 units incurs a cost of Rs. 100/unit/day. If the shortage lasts for 5 days, what is the total shortage cost?

• A) 1000
• B) 500
• C) 10000
• D) 5000

If the cost function in terms of economic order quantity is C = Q^2-400Q, then the minimum cost of inventory per unit of time is ---------- units.

• A) 398
• B) 200
• C) 400
• D) 800

Which is the following reason is essential for an enterprise to have an inventory?

• A) It provides adequate service to the customers.
• B) All above reasons are equivalent
• C) It reduces the possibility of duplication of orders.
• D) It helps in smooth and efficient running of the business.

The objective function and ----------- together form a Linear Programming problem.

• A) a set of constraints
• B) feasible region
• C) optimal solution
• D) unrestricted variables

Which of the following is uncertain in PERT?

• A) Activity Cost
• B) Activities’ completion times
• C) Resources associated with each activity
• D) Activities’ precedence relation

In a development project, if an activity (m,n) of seven days duration, starts late on 5rd day then which of the following will be its latest finish time?

• A) 5th day
• B) 12th day
• C) 5th or 7th day
• D) 7th day

In a network flow diagram, which of the following method through computations provides, i) start and completion times for each activity, ii) critical and non critical activities and iii) total and free slacks?

• A) CPM
• B) PERT
• C) Resource Scheduling
• D) Resource Allocation

In Project Management, Program Evaluation and Review Technique (PERT) is based on ------------- times.

• A) stochastic
• B) serial
• C) probabilistic
• D) deterministic

In the phase of Late Start and Late Finish, to find the Critical Path in a network flow diagram, which of the following will be taken as latest finish time of the final event?

• A) Expected Time of final event
• B) Late Start of the final event
• C) Early Start of the final event
• D) Early Finish of final event

Which of the following value is correct for the Variance of an activity times having optimistic, pessimistic and most likely values as 4, 8 and 6 days respectively?

• A) 0.444
• B) 0.147
• C) 01
• D) 2.666