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  • Question
  • In inventory control theory, the economic order quantity is


  • Options
  • A. average level of inventory
  • B. optimum lot size
  • C. capacity of a warehouse
  • D. lot size corresponding to break-even analysis

  • Correct Answer
  • optimum lot size 


  • Industrial Engineering and Production Management problems


    Search Results


    • 1. A systematic job improvement sequence will consist of

    • Options
    • A. motion study
    • B. time study
    • C. job enrichment
    • D. all of these
    • Discuss
    • 2. PERT analysis is based upon

    • Options
    • A. optimistic time
    • B. pessimistic time
    • C. most likely time
    • D. all of these
    • Discuss
    • 3. Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?

    • Options
    • A. Halsey plan
    • B. Gantt plan
    • C. Rowan plan
    • D. Emerson's efficiency plan
    • Discuss
    • 4. The procedure of modifying work content to give more meaning and enjoyment to the job by involving employees in planning, organisation and control of their work, is termed as

    • Options
    • A. job enlargement
    • B. job enrichment
    • C. job rotation
    • D. job evaluation
    • Discuss
    • 5. Which one of the following chart gives simultaneously information about the progress of work and machine loading?

    • Options
    • A. Process chart
    • B. Machine load chart
    • C. Man-machine chart
    • D. Gantt chart
    • Discuss
    • 6. The routing function in a production system design is concerned with

    • Options
    • A. manpower utilisation
    • B. quality assurance of the product
    • C. machine utilisation
    • D. optimising material flow through the plant
    • Discuss
    • 7. Job evaluation is the method of determining the

    • Options
    • A. relative values of a job
    • B. worker's performance on a job
    • C. worth of the machine
    • D. value of overall production
    • Discuss
    • 8. The aim of value engineering is to

    • Options
    • A. find the depreciation value of a machine
    • B. determine the selling price of a product
    • C. minimise the cost without change in quality of the product
    • D. all of the above
    • Discuss
    • 9. In big automobile repair shop, for elevating and moving the heavy parts such as complete engine assembly, gear box etc., an overhead crane and a fork lift truck is used.

    • Options
    • A. Yes
    • B. No
    • Discuss
    • 10. The main object of scientific layout is

    • Options
    • A. to produce better quality of product
    • B. to utilise maximum floor area
    • C. to minimise production delays
    • D. all of these
    • Discuss


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