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What is the correct answer?

4

A-B-C analysis is used in

A. CPM

B. PERT

C. Inventory control

D. All of these

Correct Answer :

C. Inventory control


Related Questions

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4

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

A. 300

B. 460

C. 500

D. 1000

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4

Micro-motion study is

A. Enlarged view of motion study

B. Analysis of one stage of motion study

C. Minute and detailed motion study

D. Subdivision of an operation into therbligs and their analysis

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4

What does symbol 'V' employ in work study

A. Operation

B. Inspection

C. Delay/ temporary Storage

D. Permanent storage

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4

The mathematical technique for finding the best use of limited resources in an optimum manner is known as

A. Operation research

B. Linear programming

C. Network analysis

D. Breakeven analysis

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4

CPM has following time estimate

A. One time estimate

B. Two time estimate

C. Three time estimate

D. Four time estimate

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4

If (R) is the base rate guaranteed per hour, (S) is the standard time for the job and (T) is the actual time, then according to Rowan plan, wages for the job will be

A. TR

B. TR + [(S - T)/2] × R

C. TR + (S - T) × R

D. TR + [(S - T)/S] × R

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4

Which of the following equations is not in conformity with others?

A. Organisation performance × motivation = profits

B. Knowledge × skill = ability

C. Ability × motivation = performance

D. Attitude × situation = motivation

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4

The deductions for, employees provident fund start

A. Immediately on joining the service

B. After 60 days of joining the service

C. After 100 days of joining the service

D. After 240 days of joining the service

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4

Bin card is used in

A. Administrative wing

B. Workshop

C. Foundry shop

D. Stores

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4

In time study, the rating factor is applied to determine

A. Standard time of a job

B. Merit rating of the worker

C. Fixation of incentive rate

D. Normal time of a worker

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4

PMTP (predetermined motion time systems) include

A. MTM (method time measurement)

B. WFS (work factor systems)

C. BNTS (basic motion time study)

D. All of the above

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4

Production cost refers to prime cost plus

A. Factory overheads

B. Factory and administration overheads

C. Factory, administration and sales overheads

D. Factory, administration, sales overheads and profit

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4

The bonus increases in proportion to the increase in efficiency. This statement applies to

A. Halsey plan

B. Gantt plan

C. Emerson's efficiency plan

D. Rowan plan

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4

Process layout is employed

A. Where low volume of production is required

B. Where similar jobs are manufactured on similar machines

C. Where machines are arranged on functional basis

D. All of the above

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4

In ABC control policy, maximum attention is given to

A. Those items which consume money

B. Those items which are not readily available

C. Those × items which are in more demand

D. Those items which consume more money

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4

If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be

A. 2 HA

B. 1.33 HA

C. 1.5 HA

D. 1.15 HA

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4

Father of industrial engineering is

A. Jack Gilbert

B. Gantt

C. Taylor

D. Newton

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4

The breakeven point represents

A. The most economical level of operation of any industry

B. The time when unit can run without i loss and profit

C. Time when industry will undergo loss

D. The time when company can make maximum profits

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4

Linear programming can be applied successfully to

A. Chemical industry

B. Oil industry

C. Banks

D. All of these

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4

When slack of an activity is positive

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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4

PERT and CPM are

A. Techniques to determine project status

B. Decision making techniques

C. Charts which increase aesthetic appearance of rooms

D. Aids to the decision maker

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4

'Value' for value engineering and analysis purposes is defined as

A. Purchase value

B. Saleable value

C. Depreciated value

D. Function/cost

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4

The unit cost in case of batch production is ________ as compared to jobbing production.

A. Same

B. Low

C. High

D. None of these

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4

Micro motion study is

A. Analysis of a man-work method by using a motion picture camera with a timing device in the field of view

B. Motion study observed on enhanced time intervals

C. Motion study of a sequence of operations conducted systematically

D. Study of man and machine conducted simultaneously

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4

The most popular type of organisation used for Civil Engineering Constructions is

A. Line organisation

B. Line and staff organisation

C. Functional organisation

D. Effective organisation

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4

The technique of value analysis can be applied to

A. Complicated items only

B. Simple items only

C. Crash programmer items only

D. Any item

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4

The type of organisation preferred for an automobile industry, is

A. Line organisation

B. Functional organisation

C. Line and staff organisation

D. Line, staff and functional organisation

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4

Inventory control in production, planning and control aims at

A. Achieving optimisation

B. Ensuring against market fluctuations

C. Acceptable customer service at low capital investment in inventory

D. Discounts allowed in bulk purchase

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4

Standard time as compared to normal time is

A. Greater

B. Smaller

C. Equal

D. There is no such correlation

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4

Choose the wrong statement Time study is used to

A. Determine overhead expenses

B. Provide a basis for setting piece prices or incentive wages

C. Determine standard costs

D. Determine the capability of an operator to handle the number of machines