Home
Current Affairs January 2024

What is the correct answer?

4

In steel plant the most important system for materials handling is

A. Conveyors

B. Cranes and hoists

C. Trucks

D. Locos

Correct Answer :

D. Locos


Related Questions

What is the correct answer?

4

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

What is the correct answer?

4

Abbreviated work factor data is applied for

A. Material handling operation

B. Maintenance operation

C. Packing and shipping operation

D. All of these

What is the correct answer?

4

The wastage of material in the store is taken into account by the following method in the evaluation of the material issued from the store

A. Inflated system

B. Primary cost method

C. Current value method

D. Fixed price method

What is the correct answer?

4

In value engineering, important consideration is given to

A. Customer satisfaction

B. Function concept

C. Profit maximisation

D. Cost reduction

What is the correct answer?

4

In the Halsey system of wage incentive plan, a worker is

A. Paid as per efficiency

B. Ensured of minimum wages

C. Not paid any bonus till his efficiency

D. Never a loser

What is the correct answer?

4

The assumption in PERT is

A. A project will always be behind schedule, if left uncorrected

B. Cost of project will always be more than the estimated cost, if no timely corrections are taken

C. A project can be subdivided into a set of predictable, independent activities

D. Activities are fixed and can't be changed

What is the correct answer?

4

If TL is the largest allowable event occurrence time, total activity slack (s) is equal to

A. Latest start time earliest start time

B. Latest finish time earliest finish time (EFT)

C. TLEFT

D. All of the above

What is the correct answer?

4

Templates are used for

A. A planning layout

B. Flow of material

C. Advancing a programme in automatic machines

D. Copying complicated profiles

What is the correct answer?

4

Which of the following equations is not in conformity with others?

A. Organisation performance × motivation = profits

B. Knowledge × skill = ability

C. Ability × motivation = performance

D. Attitude × situation = motivation

What is the correct answer?

4

Travel charts are used to

A. Analyse material handling

B. Determine inventory control difficulties

C. Plan material handling procedure and routes

D. All of the above

What is the correct answer?

4

Both Rowan plan and 50-50 Halsey plan will provide the same earning when the actual time is _________ the standard time.

A. One-fourth

B. One-half

C. Equal to

D. Twice

What is the correct answer?

4

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

What is the correct answer?

4

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

What is the correct answer?

4

Break-even analysis can be used for

A. Short run analysis

B. Long run analysis

C. Average of above two run analysis

D. There is no such criterion

What is the correct answer?

4

Choose the wrong statement Time study is used to

A. Determine overhead expenses

B. Provide a basis for setting piece prices or incentive wages

C. Determine standard costs

D. Determine the capability of an operator to handle the number of machines

What is the correct answer?

4

In fixed position layout

A. Total production cost is less

B. Material movement is less

C. Capital investment is minimum

D. All of these

What is the correct answer?

4

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

A. Purchase value

B. Saleable value

C. Depreciated value

D. Function/cost

What is the correct answer?

4

In A-B-C analysis, which class of items are generally large in number?

A. A

B. B

C. C

D. None of these

What is the correct answer?

4

In the cost structure of a product, the selling price is determined by the factors such as

A. Sales turn over

B. Lowest competitive price

C. Various elements of the cost

D. All of the above

What is the correct answer?

4

In break even analysis, total cost consists of

A. Fixed cost + sales revenue

B. Variable cost + sales revenue

C. Fixed cost + variable cost

D. Fixed cost + variable cost + profit

What is the correct answer?

4

Father of industrial engineering is

A. Jack Gilbert

B. Gantt

C. Taylor

D. Newton

What is the correct answer?

4

Percent idle time for men or machines is found by

A. Work sampling

B. Time study

C. Method study

D. Work study

What is the correct answer?

4

The term 'value' in value engineering refers to

A. Total cost of the product

B. Selling price of the product

C. Utility of the product

D. Manufactured cost of the product

What is the correct answer?

4

Which of the following wage incentive plan guarantees minimum wage to a worker and bonus is paid for the fixed percentage of time saved?

A. Halsey plan

B. Gantt plan

C. Rowan plan

D. Emerson's efficiency plan

What is the correct answer?

4

Pick up the correct statement from the following

A. Critical path method is an improvement upon bar chart method

B. Critical path method provides a realistic approach to the daily problems

C. Critical path method avoids delays which are very common in bar chart

D. All of the above

What is the correct answer?

4

Pick up the correct statement. Dummy activity on a PERT/CPM chart means, it

A. Consumes time, but no resources

B. Consumes resources but no time

C. Consumes neither time nor resources

D. Is a dangling event

What is the correct answer?

4

Basic tool in work study is

A. Graph paper

B. Process chart

C. Planning chart

D. Stop watch

What is the correct answer?

4

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. A standard rating system

B. A merit rating system

C. A job evaluation system

D. His individual performance

What is the correct answer?

4

Slack of various events on the critical path in PERT/CPM chart

A. Increases continuously

B. Decreases continuously

C. Remain constant

D. May increase or decrease depending on various factors

What is the correct answer?

4

The start or completion of task is called

A. An event

B. An activity

C. A duration

D. None of these