A company spends considerable amount on publicity to promote sales. This expenditure in break even chart is shown below the
Fixed cost line
Variable cost line
Total cost line
Sales revenue line
Correct Answer :
B. Variable cost line
Related Questions
Which one of the following represents a group incentive plan?
Scanlon Plan
Rowan Plan
Taylor Differential Piece Rate System
Halsey Premium Plan
PERT is
An analytic tool in concept
Limit up of event oriented diagrams
Used for research and development projects
All of the above
If a worker gets a daily wage of Rs HA, then according to Rowan plan, his maximum daily earnings can be
2 HA
1.33 HA
1.5 HA
1.15 HA
Process layout is also known as
Analytical-layout
Synthetic layout
Static product layout
None of these
Father of industrial engineering is
Jack Gilbert
Gantt
Taylor
Newton
Critical path moves along the activities having total float of
Positive value
Negative value
Zero value
Same value
The most suitable incentive plan for the maintenance section of an industry will be
Piece rate system
Group incentive plan
Profit sharing plans
Simplification
Scheduling gives information about
When work should start and how much work should be completed during a certain period
When work should complete
That how idle time can be minimized
Proper utilisation of machines
The breakeven point represents
The most economical level of operation of any industry
The time when unit can run without i loss and profit
Time when industry will undergo loss
The time when company can make maximum profits
The correct sequence of phases in value engineering is
Creative phase, information phase, investigation phase, evaluation phase
Information phase, creative phase, investigation phase, evaluation phase
Investigation phase, information phase, creative phase, evaluation phase
Creative phase, investigation phase, evaluation phase, information phase
Which of the following incentive plans ensures a part of the swing to the worker and rest to the employer?
Emerson efficiency plan
Taylor plan
Halsey premium plan
Gilbert plan
Gantt chart is used for
Inventory control
Material handling
Production schedule
Machine repair schedules
In the Halsey system of wage incentive plan, a worker is
Paid as per efficiency
Ensured of minimum wages
Not paid any bonus till his efficiency
Never a loser
Choose the wrong statement Time study is used to
Determine overhead expenses
Provide a basis for setting piece prices or incentive wages
Determine standard costs
Determine the capability of an operator to handle the number of machines
Breakeven point is the point where
Fixed and variable cost lines intersect
Fixed and total cost lines intersect
Variable and total cost lines intersect
Sales revenue and total expensive lines intersect
Pick up the incorrect statement about advantages of work sampling
Permits a fine breakdown of activities and delays
Simultaneous study of many operators may be made by a single observer
Calculations are easier, method is economical and less time consuming
No time measuring devices are generally needed
Standing orders which are statutory are applicable to
All industries
All process industries and thermal power plants
Only major industries
All industries employing more than 100 workers
The type of layout used for manufacturing steam turbines, is
Product layout
Process layout
Fixed position layout
Any one of these
If A is the total items consumed per year, P is the procurement cost per order, and C is the annual inventory carrying cost per item, then the most economic ordering quantity is given by
AP/C
2AP/C
√(AP/C)
(AP/C)2
Military organisation is known as
Line organisation
Line and staff organisation
Functional organisation
All of the above
The most important objective behind plant layout is
Overall simplification, safety of integration
Economy in space
Maximum travel time in plant
To provide conveniently located shops
The time by which the activity completion time can be delayed without affecting the start of succeeding activities, is known as
Duration
Total float
Free float
Interfering float
Earliest finish time can be regarded as
Earliest start time + duration of activity
Earliest start time duration of activity
Latest finish time + duration of activity
Latest finish time duration of activity
The bonus increases in proportion to the increase in efficiency. This statement applies to
Halsey plan
Gantt plan
Emerson's efficiency plan
Rowan plan
The technique of value analysis can be applied to
Complicated items only
Simple items only
Crash programmer items only
Any item
Which of the following charts are used for plant layout design?
Operation process chart
Man machine chart
Travel chart
All of these
A-B-C analysis is used in
CPM
PERT
Inventory control
All of these
Performance rating is equal to
Observed performance + normal performance
Observed performance - normal performance
Observed performance × normal performance
None of the above
A critical activity has
Maximum slack
Minimum slack
Zero slack
Average slack
Actual performance of a task is called
An event
An activity
A duration
None of these