Discussion
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- Question
In perpetual inventory control, the material is checked as it reaches its
Options- A. maximum value
- B. minimum value
- C. average value
- D. any one of these
- Correct Answer
- any one of these
- 1. Indirect expenses include
Options- A. factory expenses
- B. selling expenses
- C. administrative expenses
- D. all of these Discuss
- 2. According to Rowan plan of wage incentive system, bonus is paid to a worker
Options- A. whose output exceeds 67% efficiency
- B. on the percentage of time saved
- C. on the percentage of time worked
- D. on the percentage of standard time Discuss
- 3. The work study is done by means of
Options- A. planning chart
- B. process chart
- C. stop watch
- D. any one of these Discuss
- 4. Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is __________ the standard time.
Options- A. one-fourth
- B. one-half
- C. equal to
- D. twice Discuss
- 5. A-B-C analysis
Options- A. is a basic technique of materials management
- B. is meant for relative inventory control
- C. does not depend upon the unit cost of the item but on its annual consumption
- D. all of the above Discuss
- 6. Which of the following conditions are necessary for applying linear programming?
Options- A. These must be a well defined objective function.
- B. The decision variables should be interrelated and non-negative.
- C. The resources must be in limited supply.
- D. all of the above Discuss
- 7. At the break even point,
Options- A. total cost is more than the sales revenue
- B. total cost is less than the sales revenue
- C. total cost is equal to sales revenue
- D. fixed cost is equal to variable cost Discuss
- 8. The production cost per unit can be reduced by
Options- A. producing more with increased inputs
- B. producing more with the same inputs
- C. eliminating idle time
- D. minimising resource waste Discuss
- 9. Which of the following statement is correct about the network diagram?
Options- A. The events are represented graphically by circles or nodes at the beginning and the end of activity by arrows.
- B. The tail end of the arrow represents the start of an activity.
- C. The head of the arrow represents the end of an activity.
- D. all of the above Discuss
- 10. Routing
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: on the percentage of time worked
Correct Answer: stop watch
Correct Answer: one-half
Correct Answer: all of the above
Correct Answer: all of the above
Correct Answer: total cost is equal to sales revenue
Correct Answer: producing more with the same inputs
Correct Answer: all of the above
Correct Answer: prescribes the sequence of operations to be followed
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