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Industrial Engineering and Production Management problems
1. If
F
is the fixed cost,
V
is the variable cost per unit (or total variable costs) and
P
is the selling price of each unit (or total sales value), then break even point is equal to
Options
A.
B.
C.
D.
Show Answer
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Discuss
Correct Answer:
2. A critical activity has
Options
A. maximum slack
B. minimum slack
C. zero slack
D. average slack
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Correct Answer: zero slack
3. A dummy activity in a net work diagram
Options
A. is represented by a dotted line
B. is an artificial activity
C. does not consume time or resources
D. all of these
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Correct Answer: all of these
4. In a thermal power plant, coal from the coal handling plant is moved to the boiler bunker through a
Options
A. belt conveyor
B. bucket conveyor
C. fork lift truck
D. overhead crane
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Correct Answer: belt conveyor
5. In value engineering, important consideration is given to
Options
A. customer satisfaction
B. function concept
C. profit maximisation
D. cost reduction
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Correct Answer: cost reduction
6. When slack of an activity is positive
Options
A. it represents a situation where extra resources are available and the completion of project is not delayed
B. it represents that a programme falls behind schedule and additional resources are required to complete the project in time
C. the activity is critical and any delay in its performance will delay the completion of whole project
D. any one of the above
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Correct Answer: it represents a situation where extra resources are available and the completion of project is not delayed
7. The essential condition for the decompression of an activity is that
Options
A. the project time should change due to decompression
B. after decompression the time of an activity invariably exceeds its normal time
C. an activity could be decompressed to the maximum extent of its normal time
D. none of the above
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Correct Answer: an activity could be decompressed to the maximum extent of its normal time
8. The unit cost in case of batch production is __________ as compared to jobbing production.
Options
A. same
B. low
C. high
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Correct Answer: low
9. Sampling method of determining standard time is profitable for long cycle operation.
Options
A. Correct
B. Incorrect
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Correct Answer: Correct
10. Break even analysis is a
Options
A. short term analysis
B. long term analysis
C. average of short and long term analysis
D. any one of these
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Correct Answer: short term analysis
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