In A-B-C analysis, which class of items are generally large in number?
A
B
C
None of these
Correct Answer :
C. C
Related Questions
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
Breakeven analysis is a
Short term analysis
Long term analysis
Average of short and long term analysis
Any one of these
PERT is applied for
Marketing programmes and advertising programmes
Installation of machinery
Research and development of products
All of these
Material handling and plant location is analysed by
Gantt chart
Bin chart
Emerson chart
Travel chart
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
Basic tool in work study is
Graph paper
Process chart
Planning chart
Stop watch
Which of the following are the principles of material handling?
Keep all the handling to the minimum
Select only efficient handling equipment
Move the heaviest weight to the least distance
All of the above
The probability distribution of project completion in PERT follows following distribution
Normal
Binomial
Exponential
Gaussian
Which of the following wage incentive plan is applied to all workers?
Halsey plan
Gantt plan
Emerson's efficiency plan
Rowan plan
Which one of the following represents a group incentive plan?
Halsey Premium Plan
Lincoln Plan
Rowan Plan
Taylor Plan
Probabilistic time for completion of any activity can be found out from
Optimistic time
Pessimistic time
Most likely time
All of these
Production cost refers to prime cost plus
Factory overheads
Factory and administration overheads
Factory, administration and sales overheads
Factory, administration, sales overheads and profit
Graphical method, simplex method, and transportation method are concerned with
Breakeven analysis
Value analysis
Linear programming
Queueing theory
Merit rating is the method of determining the
Relative values of a job
Workers performance on a job
Worth of a machine
Value of overall production
The objective of time study is to determine the time required to complete a job by
Fast worker
Average worker
Slow worker
New entrant
The type of organisation preferred for an automobile industry, is
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
CPM is the
Time oriented technique
Event oriented technique
Activity oriented technique
Target oriented technique
Work study comprises following main techniques
Method study and work measurement
Method study and time study
Time study and work measurement
Method study and job evaluation
PERT and CPM are
Techniques to determine project status
Decision making techniques
Charts which increase aesthetic appearance of rooms
Aids to the decision maker
The determination of standard time in a complex job system is best done through
Stop watch time study
Analysis of micro-motions
Grouping timing technique
Analysis of standard data system
Work study involves
Only method study
Only work measurement
Method study and work measurement
Only motion study
The deductions for, employees provident fund start
Immediately on joining the service
After 60 days of joining the service
After 100 days of joining the service
After 240 days of joining the service
The appellate authority for an industrial dispute is
Management
Labour court
High court/supreme court
Board of directors
Critical path method
Helps in ascertaining time schedules
Makes better and detailed planning possible
Provides a standard method for communicating project plans schedules and to time and cost performance
All of the above
The difference between the time available to do the job and the time required to do the job, is known as
Event
Float
Duration
Constraint
In fixed position layout
Total production cost is less
Material movement is less
Capital investment is minimum
All of these
Pessimistic time is
The maximum time which an activity might require
The average time required for a job
The most probable time considering all conditions
The minimum time in which an activity can possibly be accomplished
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
The basic difference between PERT and CPM is that
PERT deals with events and CPM with activities
Critical path is determined in PERT only
Costs are considered on CPM only and not in PERT
Guessed times are used in PERT and evaluated times in CPM
Discrepancies of bar chart techniques are
Consequential effects of lack in one activity on the finish date
Free time available for an activity can't be predicted
Effective monitoring/controlling can't be done
All of the above