Discussion
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- Question
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
- Correct Answer
- sales revenue and total expensive lines intersect
- 1. Acceptance sampling is used in
Options- A. job production
- B. batch production
- C. mass production
- D. all of these Discuss
- 2. 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
- 3. 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
- 4. 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
- 5. 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 Discuss
- 6. Break even analysis consists of
Options- A. fixed expenses
- B. variable cost
- C. sales revenue
- D. all of these Discuss
- 7. In inventory control, the economic ordering quantity is obtained by the quantity whose procurement cost is equal to inventory carrying cost.
Options- A. True
- B. False Discuss
- 8. Line organisation is suitable for
Options- A. sugar industries
- B. oil refining industries
- C. spinning and weaving industries
- D. all of these Discuss
- 9. Queuing theory is used for
Options- A. job-shop scheduling
- B. inventory problems
- C. traffic congestion studies
- D. all of these Discuss
- 10. CPM stands for
Options- A. Combined Process Method
- B. Critical Path Method
- C. Common Planning Method
- D. Critical Process Method Discuss
Industrial Engineering and Production Management problems
Search Results
Correct Answer: mass production
Correct Answer: product layout
Correct Answer: all of the above
Correct Answer: The turning of a job on lathe is an event whereas job turned is an activity.
Correct Answer: 500
Correct Answer: all of these
Correct Answer: True
Correct Answer: all of these
Correct Answer: all of these
Correct Answer: Critical Path Method
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