Break-even analysis consists of
Fixed expenses
Variable cost
Sales revenue
All of these
Correct Answer :
D. All of these
Related Questions
A-B-C analysis is used in
CPM
PERT
Inventory control
All of these
The probabilistic time is given by (where to = Optimistic time, tp = Pessimistic time, and tn = Most likely time)
(to + tp + tn)/3
(to + 2tp + tn)/4
(to + 4tp + tn)/5
(to + tp + 4tn)/6
Inventory management consists of
Effective running of stores
State of merchandise methods of storing and maintenance etc.
Stock control system
All of the above
When slack of an activity is negative
It represents a situation where extra resources are available and the completion of project is not delayed
It represents that a programme falls behind schedule and additional resources are required to complete the project in time
The activity is critical and any delay in its performance will delay the completion of whole project
All of the above
According to Rowan plan of wage incentive system, bonus is paid to a worker
Whose output exceeds 67% efficiency
On the percentage of time saved
On the percentage of time worked
On the percentage of standard time
Templates are used for
A planning layout
Flow of material
Advancing a programme in automatic machines
Copying complicated profiles
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
A low unit cost can be obtained by following
Product layout
Functional layout
Automatic material handling equipment
Specialisation of operation
Line organisation is suitable for
Sugar industries
Oil refining industries
Spinning and weaving industries
All of these
For handling materials during manufacture of cement, a _________ is widely used.
Belt conveyor
Bucket conveyor
Fork lift truck
Overhead crane
Which of the following statement is correct about the network diagram?
The events are represented graphically by circles or nodes at the beginning and the end of activity by arrows.
The tail end of the arrow represents the start of an activity.
The head of the arrow represents the end of an activity.
All of the above
In queuing theory, the nature of the waiting situation can be studied and analysed mathematically if
Complete details of items in, waiting line are known
Arrival and waiting times are known and can be grouped to form a waiting line model
All variables and constants are known and form a linear equation
The laws governing arrivals, service times, and the order in which the arriving units are taken into source are known
CPM is
Synthesising in concepts
Is built of activities oriented programmes
Is used for repetitive works
All of the above
The amount deducted from the salary of workers towards employees provident fund is
Credited into reserves of company
Deposited in nationalised bank
Deposited in post office
Deposited in the account of worker with Provident Fund Commissioner
Slack of various events on the critical path in PERT/CPM chart
Increases continuously
Decreases continuously
Remain constant
May increase or decrease depending on various factors
Which of the following layouts is suited for mass production?
Process layout
Product layout
Fixed position layout
Plant layout
Product layout is used for
Job production
Batch production
Mass production
Any one of these
Under the Apprenticeship Act
All industries have to necessarily train the apprentices
Industries have to train apprentices according to their requirement
All industries employing more than 100 workers have to recruit apprentices
Only industries employing more than 500 workers have to recruit apprentices
The main object of scientific layout is
To produce better quality of product
To utilise maximum floor area
To minimise production delays
All of these
In Lincoln plan (one type of group incentive plan), the amount of the profit which an employee receives in addition to the guaranteed basic pay/wages, is based on:
A standard rating system
A merit rating system
A job evaluation system
His individual performance
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
In jobbing production
Highly skilled workers are needed
Unit costs are high
Operations are labour-intensive
All of these
The disadvantage of product layout is
High initial investment for the specialized facilities
Skilled labour to operate machines
Production time is longer, requiring more goods in inventory
High cost of inspection
Scheduling
Prescribes the sequence of operations to be followed
Determines the programme for the operations
Is concerned with starting of processes
Regulates the progress of job through various processes
Which of the following layouts is suited to job production?
Process layout
Product layout
Fixed position layout
Plant layout
If TL is the largest allowable event occurrence time, total activity slack (s) is equal to
Latest start time earliest start time
Latest finish time earliest finish time (EFT)
TLEFT
All of the above
Time study is carried out to determine the time required to complete job by
A slow worker
A fast worker
An average worker
An apprentice
Routing assists engineers in deciding in advance
The flow of material in the plant
The methods of proper utilization of manpower
The methods of proper utilization of machines
The layout of factory facilities
Routing
Prescribes the sequence of operations to be followed
Determines the programme for the operations
Is concerned with starting of processes
Regulates the progress of job through various processes
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