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In queuing theory, the nature of the waiting situation can be studied and analysed mathematically if

A. Complete details of items in, waiting line are known

B. Arrival and waiting times are known and can be grouped to form a waiting line model

C. All variables and constants are known and form a linear equation

D. The laws governing arrivals, service times, and the order in which the arriving units are taken into source are known

Correct Answer :

D. The laws governing arrivals, service times, and the order in which the arriving units are taken into source are known


Related Questions

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In the perpetual inventory control, the material is checked when it reaches its

A. Minimum value

B. Maximum value

C. Average value

D. Alarming value

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CPM is the

A. Time oriented technique

B. Event oriented technique

C. Activity oriented technique

D. Target oriented technique

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In jobbing production

A. Highly skilled workers are needed

B. Unit costs are high

C. Operations are labour-intensive

D. All of these

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CPM has following time estimate

A. One time estimate

B. Two time estimate

C. Three time estimate

D. Four time estimate

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The appellate authority for an industrial dispute is

A. Management

B. Labour court

C. High court/supreme court

D. Board of directors

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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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PERT analysis is based on

A. Optimistic time

B. Pessimistic time

C. Most likely time

D. All of the above

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Current assets include

A. Manufacturing plant

B. Manufacturing plant and equipment

C. Inventories

D. Common stock held by the firm

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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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PMTP (predetermined motion time systems) include

A. MTM (method time measurement)

B. WFS (work factor systems)

C. BNTS (basic motion time study)

D. All of the above

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A CPM family includes

A. CPA (Critical Path Analysis)

B. CPP (Critical Path Plotted)

C. CPS (Critical Path Scheduling)

D. All of the above

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Routing assists engineers in deciding in advance

A. The flow of material in the plant

B. The methods of proper utilization of manpower

C. The methods of proper utilization of machines

D. The layout of factory facilities

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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

A. AP/C

B. 2AP/C

C. √(AP/C)

D. (AP/C)2

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Work study is mainly aimed at

A. Determining the most efficient method of performing a job

B. Establishing the minimum time of completion of a job

C. Developing the standard method and standard time of a job

D. Economising the motions involved on the part of the worker while performing a job

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Standard time as compared to normal time is

A. Greater

B. Smaller

C. Equal

D. There is no such correlation

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Basic tool in work study is

A. Graph paper

B. Process chart

C. Planning chart

D. Stop watch

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For a small scale industry, the fixed cost per month is Rs. 5000. The variable cost per product is Rs. 20 and sales price is Rs. 30 per piece. The break even production per month will be

A. 300

B. 460

C. 500

D. 1000

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Standard time is defined as

A. Normal time + allowances

B. Normal time + idle time + allowances

C. Normal time + idle time

D. Only normal time for an operation

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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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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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ABC analysis deals with

A. Analysis of process chart

B. Flow of material

C. Ordering schedule of job

D. Controlling inventory costs money

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Direct expenses include

A. Factory expenses

B. Selling expenses

C. Administrative expenses

D. None of these

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Pick up the incorrect statement about advantages of work sampling

A. Permits a fine breakdown of activities and delays

B. Simultaneous study of many operators may be made by a single observer

C. Calculations are easier, method is economical and less time consuming

D. No time measuring devices are generally needed

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'Value' for value engineering and analysis purposes is defined as

A. Purchase value

B. Saleable value

C. Depreciated value

D. Function/cost

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Inventory management consists of

A. Effective running of stores

B. State of merchandise methods of storing and maintenance etc.

C. Stock control system

D. All of the above

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Which of the following conditions are necessary for applying linear programming?

A. These must be a well defined objective function.

B. The decision variables should be interrelated and nonnegative.

C. The resources must be in limited supply.

D. All of the above

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When slack of an activity is negative

A. It represents a situation where extra resources are available and the completion of project is not delayed

B. It represents that a programme falls behind schedule and additional resources are required to complete the project in time

C. The activity is critical and any delay in its performance will delay the completion of whole project

D. All of the above

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Pessimistic time is

A. The maximum time which an activity might require

B. The average time required for a job

C. The most probable time considering all conditions

D. The minimum time in which an activity can possibly be accomplished

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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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Which of the following charts are used for plant layout design?

A. Operation process chart

B. Man machine chart

C. Travel chart

D. All of these