Discussion
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- Question
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
- Correct Answer
- True
- 1. Break even analysis consists of
Options- A. fixed expenses
- B. variable cost
- C. sales revenue
- D. all of these Discuss
- 2. 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
- 3. Acceptance sampling is used in
Options- A. job production
- B. batch production
- C. mass production
- D. all of these Discuss
- 4. 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
- 5. 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
- 6. Line organisation is suitable for
Options- A. sugar industries
- B. oil refining industries
- C. spinning and weaving industries
- D. all of these Discuss
- 7. Queuing theory is used for
Options- A. job-shop scheduling
- B. inventory problems
- C. traffic congestion studies
- D. all of these Discuss
- 8. CPM stands for
Options- A. Combined Process Method
- B. Critical Path Method
- C. Common Planning Method
- D. Critical Process Method Discuss
- 9. The mathematical technique for finding the best use of limited resources of a company in the maximum manner is known as
Options- A. value analysis
- B. network analysis
- C. linear programming
- D. queuing theory Discuss
- 10. Scheduling
Options- A. prescribes the sequence of operations to be followed
- B. determines the programme for the operations
- C. is concerned with starting of processes
- D. regulates the progress of job through various processes Discuss
Industrial Engineering and Production Management problems
Search Results
Correct Answer: all of these
Correct Answer: sales revenue and total expensive lines intersect
Correct Answer: mass production
Correct Answer: product layout
Correct Answer: all of the above
Correct Answer: all of these
Correct Answer: all of these
Correct Answer: Critical Path Method
Correct Answer: linear programming
Correct Answer: determines the programme for the operations
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