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Current Affairs January 2024

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4

Indirect expenses include

A. Factory expenses

B. Selling expenses

C. Administrative expenses

D. All of these

Correct Answer :

D. All of these


Related Questions

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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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Product layout is employed for

A. Batch production

B. Continuous production

C. Effective utilization of machine

D. All of the above

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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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Job evaluation is the method of determining the

A. Relative worth of jobs

B. Skills required by a worker

C. Contribution of a worker

D. Contribution of a job

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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

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The time by which the activity completion time can be delayed without affecting the start of succeeding activities, is known as

A. Duration

B. Total float

C. Free float

D. Interfering float

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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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Work study is concerned with

A. Improving present method and finding standard time

B. Motivation of workers

C. Improving production capability

D. Improving production planning and control

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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

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Product layout is also known as

A. Analytical layout

B. Synthetic layout

C. Static product layout

D. None of these

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In process layout

A. Handling and backtracking of materials is too much

B. Production control is more difficult and costly

C. Routing and scheduling is more difficult

D. All of the above

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4

The main disadvantage of line organisation is

A. Top level executives have to do excessive work

B. Structure is rigid

C. Communication delays occur

D. All of the above

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In a functional organisation

A. Quality of work is better

B. Wastage of material is minimum

C. Specialised knowledge and guidance to individual worker is provided

D. All of the above

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Critical path moves along the activities having total float of

A. Positive value

B. Negative value

C. Zero value

D. Same value

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Job enrichment technique is applied to

A. Reduce labour monotony

B. Overcome boring and de-motivating work

C. Make people happy

D. All of the above

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According to Rowan 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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Father of time study was

A. F.W. Taylor

B. H.L. Gantt

C. F.B. Gilbert

D. R.M. Barnes

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According to MAPI formula, the old machine should be replaced by new one when (CAM = Challenger's Adverse minimum DAM = Defender's Adverse minimum)

A. CAM < DAM

B. CAM > DAM

C. CAM = DAM

D. There is no such criterion

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The two bin system is concerned with

A. Ordering procedure

B. Forecasting sales

C. Production planning

D. Despatching and expediting

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String diagram is used

A. For checking the relative values of various layouts

B. When a group of workers are working at a place

C. Where processes require the operator to be moved from one place to another

D. All of the above

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4

A feasible solution to the linear programming problem should

A. Satisfy the problem constraints

B. Optimise the objective function

C. Satisfy the problem constraints and non-negativity restrictions

D. Satisfy the non-negativity restrictions

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Frederick W. Taylor introduced a system of working known as

A. Line organisation

B. Line and staff organisation

C. Functional organisation

D. Effective organisation

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In PERT analysis, critical path is obtained by joining events having

A. +ve slack

B. -ve slack

C. Zero slack

D. Dummy activities

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Pick up the correct statement from the following

A. Programmer evaluation and review technique is event oriented

B. Programmer evaluation and review technique is not event oriented

C. Critical path method is event oriented

D. None of the above

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Breakeven analysis is a

A. Short term analysis

B. Long term analysis

C. Average of short and long term analysis

D. Any one of these

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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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For handling materials during manufacture of cement, a _________ is widely used.

A. Belt conveyor

B. Bucket conveyor

C. Fork lift truck

D. Overhead crane

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Routing is essential in the following type of industry

A. Assembly industry

B. Process industry

C. Job order industry

D. Mass production industry

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Gantt charts are used for

A. Forecasting sales

B. Production schedule

C. Scheduling and routing

D. Linear programming

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Under the Apprenticeship Act

A. All industries have to necessarily train the apprentices

B. Industries have to train apprentices according to their requirement

C. All industries employing more than 100 workers have to recruit apprentices

D. Only industries employing more than 500 workers have to recruit apprentices