In ABC control policy, maximum attention is given to
Those items which consume money
Those items which are not readily available
Those × items which are in more demand
Those items which consume more money
Correct Answer :
D. Those items which consume more money
Related Questions
Basic motion time study gives times for basic motions in ten thousandths of
Second
Minute
Hour
Day
An event is indicated on the network by
A straight line
A number enclosed in a circle or a square
A straight line with circles at the ends
A dotted line
For a product layout the material handling equipment must
Have full flexibility
Employ conveyor belts, trucks, tractors etc.
Be a general purpose type
Be designed as special purpose for a particular application
Military type of organisation is known as
Line organisation
Functional organisation
Line and staff organisation
Line, staff and functional organisation
The reasons which are basically responsible for the formation of a queue should be that
The average service rate Hess than the average arrival rate
Output rate is linearly proportional to input
Output rate is constant and the input varies in a random manner
All of the above
In order to avoid excessive multiplication of facilities, the layout preferred is
Product layout
Process layout
Group layout
Static layout
In jobbing production
Highly skilled workers are needed
Unit costs are high
Operations are labour-intensive
All of these
Job enrichment technique is applied to
Reduce labour monotony
Overcome boring and de-motivating work
Make people happy
All of the above
Travel charts are used to
Analyse material handling
Determine inventory control difficulties
Plan material handling procedure and routes
All of the above
Works cost implies
Primary cost
Factory cost
Factory expenses
Primary cost + factory expenses
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
Product layout is best suited where
One type of product is produced
Product is standardised
Product is manufactured in large quantities
All of the above
Breakeven analysis is a
Short term analysis
Long term analysis
Average of short and long term analysis
Any one of these
Simplex method is the method used for
Value analysis
Network analysis
Linear programming
Queuing theory
Which of the following type of layout is suitable for automobile manufacturing concern?
Product layout
Process layout
Fixed position layout
Combination layout
Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it
Consumes time, but no resources
Consumes resources but no time
Consumes neither time nor resources
Is a dangling event
O on a PERT/CPM chart represents
An ordinary event
A significant event representing some milestone
An event to be transferred to other network chart
Dangling event
Dummy activities are used to
Determine the critical path
Determine the project completion time
Maintain the required net work
None of these
Which one of the following represents a group incentive plan?
Halsey Premium Plan
Lincoln Plan
Rowan Plan
Taylor Plan
In ABC control policy, maximum attention is given to
Those items which consume money
Those items which are not readily available
Those × items which are in more demand
Those items which consume more money
The production cost per unit can be reduced by
Producing more with increased inputs
Producing more with the same inputs
Eliminating idle time
Minimising resource waste
Break-even analysis consists of
Fixed expenses
Variable cost
Sales revenue
All of these
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
The interchangeability can be achieved by
Standardisation
Better process planning
Bonus plan
Better product planning
Probabilistic time for completion of any activity can be found out from
Optimistic time
Pessimistic time
Most likely time
All of these
Bar chart is suitable for
Large project
Major work
Minor work
All of these
For material transportation, conveyors are used when the prevailing conditions include
Loads are uniform
Routes do not vary
Materials move relatively continuously
All of these
Standard time is equal to
(Normal time) - (allowances)
(Normal time) + (allowances)
Representative time multiplied by rating factor
Normal time taken by an operation
Which one of the following chart gives simultaneously information about the progress of work and machine loading?
Process chart
Machine load chart
Man-machine chart
Gantt chart
Work study is mainly aimed at
Determining the most efficient method of performing a job
Establishing the minimum time of completion of a job
Developing the standard method and standard time of a job
Economising the motions involved on the part of the worker while performing a job