________ is used to determine the time needed for the process, resources and machines to complete a certain step, activity or task.

Related MCQs

• Grouping of similar machines and equipment into departments where only certain kinds of work are done is
• The process of allocating scarce resources of a business firm among the competing investment projects can be considered as
• Which Plant layout types deals with machines and equipments arranged in one line depending upon the sequence of operation required for the product:
• When machines and equipment of the same functional type are grouped together, it is known as
• Grouping together of like machines in one department is known as
• Product planning and control is needed to achieve :
• “_______________ of a company refers to the make-up of its capitalization and it includes all long-term capital resources viz., loans, reserves, shares and bonds. - Gerstenberg.
• Funds needed for acquiring fixed assets are known as
• The process of forecasting, developing and controlling by which a firm ensures it has the right number of people at the right place and time is
• _____________ concerned with the main business activities which obtains and converts resources of the business into goods/services