Question Set 2
8. What are the assumptions made in simple theory of bending? The assumptions made in the theory of simple bending are:> The material of the beam is homogeneous this implies…
Question Set 1
1 . What are the different types of fits? Explain? On the basis of Indian standards fits can mainly be categorized into three groups:> Clearance Fit: These types of fits…
Assignment Problem: – The Hungarian Method
The easiest way to solve assignment problem by Hungarian Method is described here step by step with example:- Step 1: Problem is “n*n” cost matrix to find an optimal assignment. If…
Wage Incentive Plans in Production Management
Various wage incentive plans and strategies are used by project managers for production plants. Details of some wage incentive plans are given below: 1. Straight piece work system. In this system,…
Work Measurement in Production Management
The work measurement is the application of techniques to establish the time for a qualified worker to carry out a specified work at a defined level of performance. The objectives…
Critical Path Method (CPM)
The critical path method (CPM) was first used by Morgan R. Walker in 1957. It helps in ascertaining time schedules, makes better and detailed planning possible, encourages discipline and provides…
Industrial Engineering & Production Management
Introduction The production management deals with the design of the production system (which includes product, process, plant, equipment etc.) and development of the control system to manage inventories, product quality,…
Inventory Control in Production Planning
Inventory Control in Production Planning - The most important functions of inventory (stock) control are as follows : 1. to have good stock control system, 2. to have technical responsibility for the state of materials,…
Differences between PERT and CPM
Though PERT and CPM both are used for project management, there are differences between CPM and PERT. The relative table for PERT vs. CPM is shown below. PERTCPMPERT uses event…
Event, Activity and Critical Path
Event, Activity and Critical Path are the terms commonly used in network planning methods for production planning of a production unit/ plant. 1. Event. The event is a specific instant of…
