NPTEL Project Management For Managers Week 6 Assignment Answers 2023

NPTEL Project Management For Managers Week 6 Assignment Solution

NPTEL Project Management For Managers Week 6 Assignment Answers 2023

1. The requirement of machinery and equipment is dependent on _____?

  1. Cost
  2. Technology and plant capacity
  3. Customer requirement
  4. Competition
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2. Which of the following is not a reason for project abandonment?

  1. Higher profits
  2. Selling price and quantity
  3. Raw material price
  4. Higher expected rate of return
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3. Which of the following is not a type of project chart and plant layout?

  1. General functional layout
  2. Multipurpose layout
  3. Production line diagram
  4. Organizational layout
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4. Arrange the following steps of Decision tree Analysis?
A. Delineating the decision
B. Identifying the problem and alternatives- Imaginative efforts –risk and uncertainty
C. Evaluating various decision alternatives
D. Specifying probabilities and monetary outcomes

  1. B-C-D-A
  2. B-A-D-C
  3. B-A-C-D
  4. A-B-C-D
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5. Packaging materials come under which of the following categories?

  1. Raw materials
  2. Processed industrial materials
  3. Auxiliary materials
  4. Utilities
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6. Plant capacity generally measured in terms of _.

  1. Area of the plant
  2. Number of units manufactured during a given period
  3. Number of workers
  4. Investment in machinery
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7. Which one of the following is a tool for analyzing situations where sequential decision making in face of risk is involved.

  1. Simulation Analysis
  2. Decision tree Analysis
  3. Scenario Analysis
  4. Hiller Model
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8. For 4000 units, the investment is Rs 100000. What would be the investment for 12000 units. Given alpha is 0.7.

  1. 235864
  2. 214653
  3. 215767
  4. 215867
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9. Decision points are also called as _.

  1. Decision nodes
  2. Decision networks
  3. Decision forks
  4. None of the above
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10. The choice of location is influenced by factors except __?

  1. Proximity to raw materials and markets
  2. Labor situation
  3. Availability of infrastructure
  4. Budget
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Course NameProject Management For Managers
CategoryNPTEL Assignment Answer
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