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Question
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
Correct Answer
linear programming
Industrial Engineering and Production Management problems
Search Results
1. CPM stands for
Options
A. Combined Process Method
B. Critical Path Method
C. Common Planning Method
D. Critical Process Method
Show Answer
Scratch Pad
Discuss
Correct Answer: Critical Path Method
2. Queuing theory is used for
Options
A. job-shop scheduling
B. inventory problems
C. traffic congestion studies
D. all of these
Show Answer
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Discuss
Correct Answer: all of these
3. Line organisation is suitable for
Options
A. sugar industries
B. oil refining industries
C. spinning and weaving industries
D. all of these
Show Answer
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Discuss
Correct Answer: all of these
4. 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
Show Answer
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Discuss
Correct Answer: True
5. Break even analysis consists of
Options
A. fixed expenses
B. variable cost
C. sales revenue
D. all of these
Show Answer
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Discuss
Correct Answer: all of these
6. 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
Show Answer
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Discuss
Correct Answer: determines the programme for the operations
7. Time study is carried out
Options
A. by finding all the significant informations regarding the job, work place and machine tool etc.
B. by breaking up each operation into small elements which are measurable with the help of the measuring device accurately
C. by observing and recording the time taken by the operator for an operation
D. all of the above
Show Answer
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Discuss
Correct Answer: all of the above
8. In a functional organisation
Options
A. quality of work is better
B. wastage of material is minimum
C. specialised knowledge and guidance to individual worker is provided
D. all of the above
Show Answer
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Discuss
Correct Answer: all of the above
9. Valve analysis is particularly of interest when
Options
A. jobbing work economics are involved
B. production is on large scale
C. only few components are involved
D. costly equipment is used
Show Answer
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Discuss
Correct Answer: production is on large scale
10. Standard time is equal to
Options
A. normal time
minus
allowances
B. normal time
plus
allowances
C. representative time multiplied by rating factor
D. normal time taken by an operation
Show Answer
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Discuss
Correct Answer: normal time
plus
allowances
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