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What is the correct answer?

4

Break-even analysis can be used for

A. Short run analysis

B. Long run analysis

C. Average of above two run analysis

D. There is no such criterion

Correct Answer :

A. Short run analysis


Related Questions

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4

O on a PERT/CPM chart represents

A. An ordinary event

B. A significant event representing some milestone

C. An event to be transferred to other network chart

D. Dangling event

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4

Material handling and plant location is analysed by

A. Gantt chart

B. Bin chart

C. Emerson chart

D. Travel chart

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4

If TL is the largest allowable event occurrence time, total activity slack (s) is equal to

A. Latest start time earliest start time

B. Latest finish time earliest finish time (EFT)

C. TLEFT

D. All of the above

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4

Standard time is equal to

A. (Normal time) - (allowances)

B. (Normal time) + (allowances)

C. Representative time multiplied by rating factor

D. Normal time taken by an operation

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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

The interchangeability can be achieved by

A. Standardisation

B. Better process planning

C. Bonus plan

D. Better product planning

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4

Which of the following statement is wrong?

A. An activity consumes time and resources whereas an event does 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.

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4

The most important function of inventory control is

A. Stock control system

B. To run the stores effectively

C. Technical responsibility for the state of materials

D. All of the above

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4

Time study is carried out

A. By finding all the significant informations regarding the job, work place and machine tool etc.

B. By breaking up each operation into small elements which are measurable with the help of the measuring device accurately

C. By observing and recording the time taken by the operator for an operation

D. All of the above

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4

Product layout is also known as

A. Analytical layout

B. Synthetic layout

C. Static product layout

D. None of these

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4

Emergency rush order can be pushed more effectively in

A. Job production

B. Automatic production

C. Continuous production

D. Intermittent production

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4

Halsey plan of wage incentive

A. Is not applied to all level of workers

B. Is applied to all level of workers

C. Does not guarantee minimum wage

D. Is based upon efficiency of worker

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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

PERT analysis is based on

A. Optimistic time

B. Pessimistic time

C. Most likely time

D. All of the above

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4

Motion study involves analysis of

A. Actions of operator

B. Layout of work place

C. Tooling and equipment

D. All of the above

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4

Break-even analysis can be used for

A. Short run analysis

B. Long run analysis

C. Average of above two run analysis

D. There is no such criterion

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4

In inventory control, the economic order quantity is the

A. Optimum lot size

B. Highest level of inventory

C. Lot corresponding to breakeven point

D. Capability of a plant to produce

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4

Which of the following layouts is suited for mass production?

A. Process layout

B. Product layout

C. Fixed position layout

D. Plant layout

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4

The production scheduling is simpler and high volume of output and high labour efficiency are achieved in the case of

A. Product layout

B. Process layout

C. Fixed position layout

D. A combination of line and process layout

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4

Templates are used for

A. A planning layout

B. Flow of material

C. Advancing a programme in automatic machines

D. Copying complicated profiles

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4

Military organisation is known as

A. Line organisation

B. Line and staff organisation

C. Functional organisation

D. All of the above

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4

Which of the following is independent of sales forecast?

A. Productivity

B. Inventory control

C. Production planning

D. Production control

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4

According to Muther, the basic principle of best layout is

A. Principle of overall integration

B. Principle of flow

C. Principle of flexibility

D. All of these

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4

Gantt chart is used for

A. Inventory control

B. Material handling

C. Production schedule

D. Machine repair schedules

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4

For a product layout the material handling equipment must

A. Have full flexibility

B. Employ conveyor belts, trucks, tractors etc.

C. Be a general purpose type

D. Be designed as special purpose for a particular application

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4

The probability distribution of activity times in PERT follows following distribution

A. Normal

B. Binomial

C. Beta

D. Exponential

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4

Material handling in automobile industry is done by

A. Overhead crane

B. Trolley

C. Belt conveyor

D. All of the above

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4

The time by which the activity completion time can be delayed without affecting the start of succeeding activities, is known as

A. Duration

B. Total float

C. Free float

D. Interfering float

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4

A graphical device used to determine the breakeven point and profit potential under varying conditions of output and costs, is known as

A. Gantt chart

B. Flow chart

C. Breakeven chart

D. PERT chart

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4

Replacement studies are made on the following basis:

A. Annual cost method

B. Rate of return method

C. Total life average method

D. Any one of the above