Discussion
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- Question
For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be
Options- A. 300
- B. 460
- C. 500
- D. 1000
- Correct Answer
- 500
- 1. Break even analysis is a
Options- A. short term analysis
- B. long term analysis
- C. average of short and long term analysis
- D. any one of these Discuss
- 2. Sampling method of determining standard time is profitable for long cycle operation.
Options- A. Correct
- B. Incorrect Discuss
- 3. The unit cost in case of batch production is __________ as compared to jobbing production.
Options- A. same
- B. low
- C. high Discuss
- 4. The essential condition for the decompression of an activity is that
Options- A. the project time should change due to decompression
- B. after decompression the time of an activity invariably exceeds its normal time
- C. an activity could be decompressed to the maximum extent of its normal time
- D. none of the above Discuss
- 5. When slack of an activity is positive
Options- A. it represents a situation where extra resources are available and the completion of project is not delayed
- B. it represents that a programme falls behind schedule and additional resources are required to complete the project in time
- C. the activity is critical and any delay in its performance will delay the completion of whole project
- D. any one of the above Discuss
- 6. Which of the following statement is wrong?
Options- A. An activity consume time and resources whereas an event do not consume time or resources.
- B. The performance of a specific task is called an activity.
- C. An event is an instantaneous point in time at which an activity begins or ends.
- D. The turning of a job on lathe is an event whereas job turned is an activity. Discuss
- 7. M.T.M. is used to
Options- A. improve existing methods
- B. establish time standards
- C. develop effective methods in advance of the beginning of production
- D. all of the above Discuss
- 8. The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of
Options- A. product layout
- B. process layout
- C. fixed position layout
- D. a combination of line and process layout Discuss
- 9. Acceptance sampling is used in
Options- A. job production
- B. batch production
- C. mass production
- D. all of these Discuss
- 10. Break even point is the point where
Options- A. fixed and variable cost lines intersect
- B. fixed and total cost lines intersect
- C. variable and total cost lines intersect
- D. sales revenue and total expensive lines intersect Discuss
Industrial Engineering and Production Management problems
Search Results
Correct Answer: short term analysis
Correct Answer: Correct
Correct Answer: low
Correct Answer: an activity could be decompressed to the maximum extent of its normal time
Correct Answer: it represents a situation where extra resources are available and the completion of project is not delayed
Correct Answer: The turning of a job on lathe is an event whereas job turned is an activity.
Correct Answer: all of the above
Correct Answer: product layout
Correct Answer: mass production
Correct Answer: sales revenue and total expensive lines intersect
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