Discussion
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- Question
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
- Correct Answer
- total cost is equal to sales revenue
- 1. 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
- 2. 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 Discuss
- 3. Indirect expenses include
Options- A. factory expenses
- B. selling expenses
- C. administrative expenses
- D. all of these Discuss
- 4. 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
- 5. The work study is done by means of
Options- A. planning chart
- B. process chart
- C. stop watch
- D. any one of these Discuss
- 6. 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
- 7. 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
- 8. 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
- 9. In time study, normal time is more than the standard time.
Options- A. Yes
- B. No Discuss
- 10. In jobbing production
Options- A. highly skilled workers are needed
- B. unit costs are high
- C. operations are labour-intensive
- D. all of these Discuss
Industrial Engineering and Production Management problems
Search Results
Correct Answer: all of the above
Correct Answer: any one of these
Correct Answer: all of these
Correct Answer: on the percentage of time worked
Correct Answer: stop watch
Correct Answer: producing more with the same inputs
Correct Answer: all of the above
Correct Answer: prescribes the sequence of operations to be followed
Correct Answer: No
Correct Answer: all of these
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