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Industrial Engineering and Production Management problems
1. For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be
Options
A. 300
B. 460
C. 500
D. 1000
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Correct Answer: 500
2. Which of the following statement is wrong?
Options
A. An activity consume time and resources whereas an event do not consume time or resources.
B. The performance of a specific task is called an activity.
C. An event is an instantaneous point in time at which an activity begins or ends.
D. The turning of a job on lathe is an event whereas job turned is an activity.
Show Answer
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Correct Answer: The turning of a job on lathe is an event whereas job turned is an activity.
3. 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
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Correct Answer: all of the above
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
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Correct Answer: product layout
5. Acceptance sampling is used in
Options
A. job production
B. batch production
C. mass production
D. all of these
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Correct Answer: mass production
6. 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
Show Answer
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Discuss
Correct Answer: sales revenue and total expensive lines intersect
7. 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
8. 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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Correct Answer: True
9. 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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Correct Answer: all of these
10. 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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Correct Answer: all of these
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