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Breakeven analysis consists of

A. Fixed cost

B. Variable cost

C. Fixed and variable costs

D. Operation costs

Correct Answer :

C. Fixed and variable costs


Related Questions

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In fixed position layout

A. Total production cost is less

B. Material movement is less

C. Capital investment is minimum

D. All of these

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Scheduling

A. Prescribes the sequence of operations to be followed

B. Determines the programme for the operations

C. Is concerned with starting of processes

D. Regulates the progress of job through various processes

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The product layout

A. Lowers overall manufacturing time

B. Requires less space for placing machines

C. Utilises machine and labour better

D. All of these

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Bar charts are suitable for

A. Minor works

B. Major works

C. Large projects

D. All of the above

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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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The critical path of a network represents

A. The minimum time required for completion of project

B. The maximum time required for completion of project

C. Maximum cost required for completion of project

D. Minimum cost required for completion of project

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PERT is

A. An analytic tool in concept

B. Limit up of event oriented diagrams

C. Used for research and development projects

D. All of the above

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The important file in making a PERT is

A. An event can't be accomplished until activities leading to it are completed

B. No activity from any event can be started from preceding event till it is completed

C. Length of arrow has nothing to do with time

D. All of the above

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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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The value engineering technique in which experts of the same rank assemble for product development is called

A. Delphi

B. Brain storming

C. Morphological analysis

D. Direct expert comparison

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Break-even analysis shows profit when

A. Sales revenue > total cost

B. Sales revenue = total cost

C. Sales revenue < total cost

D. Variable cost < fixed cost

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In product layout

A. Specialised and strict supervision is required

B. Machines can not be used to their maximum capacity

C. Manufacturing cost rises with a fall in the volume of production

D. All of the above

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The linear programming techniques can be applied successfully to industries like

A. Iron and steel

B. Food processing

C. Oil and chemical

D. All of the above

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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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CPM stands for

A. Combined Process Method

B. Critical Path Method

C. Common Planning Method

D. Critical Process Method

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Gantt chart gives information about

A. Scheduling and routing

B. Sales

C. Production schedule

D. Machine utilisation

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Time study is used to

A. Determine standard costs

B. Determine the number of machines a person may run

C. Provide a basis for setting piece price or incentive wages

D. All of the above

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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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The average time recorded by work study man for an operation is called

A. Standard time

B. Normal time

C. Representative time

D. None of these

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PERT

A. Provides an approach for keeping planning up-to-date

B. Provides a way for management to require that planning be done on a uniform and logical basis

C. Permits management to foresee quickly the impact of variations from the plan

D. All of the above

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Dummy activities are used to

A. Determine the critical path

B. Determine the project completion time

C. Maintain the required net work

D. None of these

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In Emerson's efficiency plan of wage incentive system, bonus is paid to a worker

A. Whose output exceeds 67% efficiency

B. On the percentage of time saved

C. On the percentage of time worked

D. On the percentage of standard time

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Routing

A. Prescribes the sequence of operations to be followed

B. Determines the programme for the operations

C. Is concerned with starting of processes

D. Regulates the progress of job through various processes

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Valve analysis is particularly of interest when

A. Jobbing work economics are involved

B. Production is on large scale

C. Only few components are involved

D. Costly equipment is used

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Queuing theory is associated with

A. Sales

B. Inspection time

C. Waiting time

D. Production time

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The aim of value engineering is to

A. Find the depreciation value of a machine

B. Determine the selling price of a product

C. Minimise the cost without change in quality of the product

D. All of the above

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A critical activity has

A. Maximum slack

B. Minimum slack

C. Zero slack

D. Average slack

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Breakeven point is the point where

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

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The time required to complete a job is established and a bonus is paid to the worker based on the exact % of time saved. This type of incentive plan is known as

A. Dry work Plan

B. Halsey Premium Plan

C. Taylor Plan

D. Rowan Plan

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String diagram is used when

A. Team of workers is working at a place

B. Material handling is to be done

C. Idle time is to be reduced

D. All of the above